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Use the most recent prospectus for the following mutual funds to complete questions Assume David invests $10,000 in each of the four mutual funds listed
Use the most recent prospectus for the following mutual funds to complete questions
Assume David invests $10,000 in each of the four mutual funds listed below for exactly one year, each fund earns a 5 percent return for the year, and David sells the shares at the end of the year. Search the prospectus to find the dollar figures reported in the expenses example and report the fees & expenses David would have paid for each fund. NOTE THE DOLLAR FIGURES ARE REPORTED IN THE PROSPECTUS EXAMPLE SO YOU DO NOT NEED TO CALCULATE THEM. SWTSX VFIAX JSGAX JSGCX Fees and Expenses (SS) Assume David invests $10,000 in each of the four mutual funds listed below for exactly one year, each fund earns a 5 percent return for the year, and David sells the shares at the end of the year. Search the prospectus to find the dollar figures reported in the expenses example and report the fees & expenses David would have paid for each fund. NOTE THE DOLLAR FIGURES ARE REPORTED IN THE PROSPECTUS EXAMPLE SO YOU DO NOT NEED TO CALCULATE THEM. SWTSX VFIAX JSGAX JSGCX Fees and Expenses (SS)Step by Step Solution
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