Tanya purchased the mutual fund RBC Vision Global Equity Fund - Series F. She did not know much about mutual funds but knew that it had the same vision as her with regards to sustainability. She also knew that past performance is no guarantee of future returns as well as factors like fees or a portfolio manager make a difference in the funds returns.

Fourteen (14) months later, she is looking to better understand what she had purchased back in January 2020 and thought it best to go to you for some guidance.

Go to the eConcordia Assessments tab for RBC Vision Global Equity Fund - Series F (Fund Facts - June 26, 2020 RBF653) to help respond to the following questions. Note that June 26, 2020 is the latest issue of Fund Facts for this mutual fund as Fund Facts are only filed annually or updated in the event of a material change that affects the content of the Fund Facts (e.g., a change in investment objectives etc.).

Tanya purchased the mutual fund RBC Vision Global Equity Fund - Series F. What is the Management Expense Ratio (MER) for this fund that Tanya must pay?

(.5 mark)

Who is this type of mutual fund for? (.5 mark)

Name the top 10 investment holdings in this fund (RBC Vision Global Equity Fund - Series F) as of May 31, 2020? (.5 mark)

How long has this fund been trading (i.e. date series started)? (.5 mark)

What is the minimum amount needed to get into this fund, and what is the minimum needed if Tanya wishes to invest additional funds? (.5 mark)

Tanya purchased the fund RBC Vision Global Equity Fund - Series F that is:

No load

Front-end load

Back-end load.

Highlight and underline the correct response. (.5 mark)

Tanya invested $10,000 CDN in this fund, the Net Asset Value (NAV) on the day she purchased it was $15 CDN, how many mutual fund units did she buy? (.5 mark)

Look up the latest Net Asset Value (NAV) for this fund and determine Tanyas taxable capital gain if she sold it today. To get the Net Asset Value (NAV) simply type in the fund name in your browser or go to Morningstar at: https://www.morningstar.ca/ca/report/fund/portfolio.aspx?t=0P00009GY2. Note that every students response will be different depending on the date you complete your Case as NAV is determined once a day after the stock markets close at 4:00 p.m. ET. (.5 mark)

What was the investment return in 2020 for this fund? (.5 mark)

If Tanya had purchased the mutual fund in her Registered Retirement Savings Plan, and sold in 2021, what would be the capital gain she would need to report in her 2021 tax return?

(.5 mark)

As of today, which funds changed in the top 10 investment holdings in this fund (RBC Vision Global Equity Fund - Series F). (.5 mark)

Give Tanya four (4) advantages in purchasing mutual funds. (.5 mark)