Question
The Bruin Stock Fund sells Class A shares that have a front-end load of 4.85 percent, a 12b-1 fee of .41 percent, and other fees
The Bruin Stock Fund sells Class A shares that have a front-end load of 4.85 percent, a 12b-1 fee of .41 percent, and other fees of 1.27 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.9 percent, and other fees of 1.27 percent. Assume the portfolio return is 10 percent per year. |
1. | What is the value of $1 invested in each share class if your investment horizon is 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.) |
Class A | $ |
Class B | $ |
2. | What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "$" sign in your response.) |
Class A | $ |
Class B | $ |
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