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Author Question: On January 1, you invest $10,000 in an open-end mutual fund selling for $25 per share that has a 2% ... (Read 92 times)

strangeaffliction

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Question 1

When evaluating mutual funds which are investing in the same types of securities/markets, you should compare


◦ historical performance.
◦ management fees.
◦ 12b-1 expenses.
◦ All of these factors should be considered.

Question 2

On January 1, you invest $10,000 in an open-end mutual fund selling for $25 per share that has a 2% load, 1.5% management fee and 1% 12b-1 expense s. If the fund NAV appreciates to $28 by the time you sell it on December 31, what was your return on investment?


◦ 9.76%
◦ 11.2%
◦ 8.7%
◦ 14%


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Marked as best answer by strangeaffliction on Apr 14, 2019

Tonyam972

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