The All-State Mutual Fund has the following 5-year record of performance: Find this no-load funds 5-year (20092013)
Question:
Find this no-load funds 5-year (20092013) average annual compound rate of return. Also find its 3-year (20112013) average annual compound rate of return. If an investor bought the fund in 2009 at $10.00 a share and sold it 5 years later (in 2013) at $15.72, how much total profit per share would she have made over the 5-year holding period?
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2013 $ 0.98 (0.95) 4.22 2009 0.64 (0.60) 1.05) 2012 2010 2011 0.84 (0.85) (2.18) $0.85 $0.75 Net investment income Dividends from net investment income Net realized and unrealized gains (or losses) orn (0.85) 5.08 (0.75) 2.65 security transactions Distributions from realized gains Net increase (decrease) in NAV NAV at beginning of year NAV at end of year 3.19 $12.53 $15.72 $4.08 8.45 12.53 S 2.19) $10.64 8.45 1.65 8.99 $10.64 $10.00 8.99
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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