Question
Why can an investor's annual return (who is making periodic investments of differing amounts) in the same fund the manager is managing differ from what
Why can an investor's annual return (who is making periodic investments of differing amounts) in the same "fund" the manager is managing differ from what the manager publishes as their annual investment return? (assume there are NO management fees)
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
