Urgent plz
iGO Equity Fund Stock OLN MRVL AON Investment $200 million $100 million $200 million The portfolios, which are constructed at the end of each June, are the intersections of 5 portfolios formed on size (market equity, ME) and 5 portfolios formed on the ratio of book equity to market equity (BE/ME). The size breakpoints for year t are the NYSE market equity quintiles at the end of June of t. BE/ME for June of year t is the book equity for the last fiscal year end in t-1 divided by ME for December of t-1. The BE/ME breakpoints are NYSE quintiles. All NYSE, AMEX, and NASDAQ stocks are independently allocated to five market capitalization (ME) and book-to- market (BM) groups based on the associated contemporaneous breakpoints of NYSE stocks. The style rank of a stock is the label of the portfolio to which the stock belongs at the time of portfolio formation. The portfolio labels range from one (the lowest) to five (the highest). Use Kenneth French's U.S. Research Breakpoints. What are style ranks of these stocks at the end of Year 2005? What is iGO fund investment style at the end of Year 2005? How to calculate a stock's characteristics-adjusted (style-adjusted) return in Jan 2006? How to calculate iGO Fund's characteristics-adjusted (style-adjusted) return in Jan 2006? OOOO iGO Equity Fund Stock OLN MRVL AON Investment $200 million $100 million $200 million The portfolios, which are constructed at the end of each June, are the intersections of 5 portfolios formed on size (market equity, ME) and 5 portfolios formed on the ratio of book equity to market equity (BE/ME). The size breakpoints for year t are the NYSE market equity quintiles at the end of June of t. BE/ME for June of year t is the book equity for the last fiscal year end in t-1 divided by ME for December of t-1. The BE/ME breakpoints are NYSE quintiles. All NYSE, AMEX, and NASDAQ stocks are independently allocated to five market capitalization (ME) and book-to- market (BM) groups based on the associated contemporaneous breakpoints of NYSE stocks. The style rank of a stock is the label of the portfolio to which the stock belongs at the time of portfolio formation. The portfolio labels range from one (the lowest) to five (the highest). Use Kenneth French's U.S. Research Breakpoints. What are style ranks of these stocks at the end of Year 2005? What is iGO fund investment style at the end of Year 2005? How to calculate a stock's characteristics-adjusted (style-adjusted) return in Jan 2006? How to calculate iGO Fund's characteristics-adjusted (style-adjusted) return in Jan 2006? OOOO
