The Fidelity Latin America Sr B fund (managed by Fidelity Investments Canada) was one of the top-performing

Question:

The Fidelity Latin America Sr B fund (managed by Fidelity Investments Canada) was one of the top-performing for the five years ending December 31, 2008. As of December 31, 2008, what three-year and five-year compound annual returns did the fund report if its annual returns in successive years from 2004 to 2008 inclusive were 28.8%, 48.7%, 44.2%, 18.2%, and -41.8%, respectively
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...