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What is this mutual funds NAV? ABC mutual fund has the following characteristics: Value of Fund: $ 1 4 2 , 0 0 0 ,
What is this mutual funds NAV?
ABC mutual fund has the following characteristics:
Value of Fund: $
Liabilities $
Shares
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ABC mutual fund from question # is an A share fund and charges a sales load. When is the sales load charged?
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At purchase
At redemption
Each year, once per year
At redemption and annually
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I decide to purchase shares of ABC mutual fund. Using the NAV from question # and sales load from question # what is the sales load in dollars I will be charged? no need to enter $ symbol in answer.
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What is my total return in dollars from my ownership of mutual fund ABC. Use information from all previous questions Use the following characteristics:
Income dividends received: $
Capital gains distributions: $
NAV at time of sale was $
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What is my percentage return, of my purchase and sale of mutual fund ABC? Don't forget to include the impact of the sales load. No need to enter percentage sign.
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