a. The performance of the fund over the past 1-year period from the 14th of September 2020 tothe 13th of September 2021 is presented in the figure below. Based on the figure and giveninformation, which of the following best describes the type of fund TFX: open-end activefund, index fund, close-end fund, or exchange traded fund (ETF). Please explain youranswers.Value of Fund's shares25.0020.0015.0010.005.000.0014/09/202023/11/2020Fund TLW Performance-NAV-Share Price5/02/202120/04/202130/06/2021DateOver the past 1-year period, this fund had a portfolio turnover ratio of 10%.10/09/2021

There are many types of mutual funds depending the vision and mission of the mutual fund they want…

he 13th of September 2021 is presented in the figure below. Based on the figure and given formation, which of the following best describes the type of fund TFX: open-end active and, index fund, close-end fund, or exchange traded fund (ETF). Please explain your nswers. .00 1.00 6.00 Fund TLW Performance -NAV - Share Price that the off the

he 13th of September 2021 is presented in the figure below. Based on the figure and given formation, which of the following best describes the type of fund TFX: open-end active and, index fund, close-end fund, or exchange traded fund (ETF). Please explain your nswers. .00 1.00 6.00 Fund TLW Performance -NAV - Share Price that the off the

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 5LO

See similar textbooks

Similar questions

EXHIBIT 20-6 Mutual Fund Quotation Table in the Wall Street Journal Online (3) NAV (1) (2) (4) (5) (6) Family/Fund Symbol Change YTD % 3-year % change return American Funds Class A GwthA p ICAA р EupacA WshA p AGTHX 25.53 0.01 -6.6 -7.9 AIVSX 23.99 0.01 -6.6 -8.6 AEPGX 35.99 0.17 -6.1 -5.8 AWSHX 23.60 0.02 -3.1 -9.1 СaplBA p САIВХ 46.62 0.15 -0.8 -4.8 Fidelity Invest Contra FCNTX 56.46 0.07 -3.0 -5.0 Magellan FMAGX 58.16 -0.09 -9.5 -11.3 DivIntl FDIVX 25.61 0.04 -8.5 -11.1 GoldInst r FGDIX 49.26 0.69 16.3 17.7 RealEstInc r FRIFX 10.00 0.02 10.7 3.6 John Hancock Funds A BondA p САTXFA p Classic Val p HİYMUBDA p JHNBX 15.52 0.01 10.5 8.7 ТАСАХ 10.60 0.01 8.9 4.9 PZFVX 13.70 0.03 -4.8 -15.8 JHTFX 8.30 8.6 5.1 InvGrBdA TAUSX 10.36 0.02 9.6 7.9 PIMCO Fds Institutional AllAsset PAAIX 12.30 0.01 9.4 6.3 IntIStksPLS r PISIX 8.72 0.04 4.6 -2.4 MortBckSec r PTRIX 11.10 0.01 8.7 8.8 VANGUARD INDEX FDS 500 Index VFINX 96.95 0.04 -4.7 -8.7 Europe VEURX 23.29 0.09 -10.2 -12.0 ITBond VBIIX 11.69 0.03…
The net asset value of a mutual fund is calculated as ___ A) the number of shares outstanding B) the value of PPE C) the total market value of all securities held in the fund's portfolio D) the original cost of all securities held in the fund's portfolio divided by ____. A) the number of shares outstanding B) the value of PPE C) the total market value of all securities held in the fund's portfolio D) the original cost of all securities held in the fund's portfolio
Analyze the following three years of data relating to the MoMoney Mutual Fund, . It should report the amount of dividend income and capital gains distributed to the shareholders, along with any other changes in the fund's net asset value (b = 0.5). (Click the icon here ☐ in order to copy the contents of the data table below into a spreadsheet.) 2019 2018 NAV (beginning of period) ? ? 2017 $35.56 Net investment income 0.64 0.74 0.56 Net gains on securities 5.48 4.52 - 3.41 Dividends from net investment income 0.64 0.56 Distributions from realized gains 1.61 1.96 0.51 1.44 a. What is the total income from the investment operations? b. What are the total distributions from the investment operations? a. The total income from investment operations in 2019 is $ The total income from investment operations in 2018 is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) The total income from investment operations in 2017 is $ b. The total distributions from…
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2018 2019 2020 2021 2022 Fund -15.2% 25.1 12.4 6.2 -1.2 Sortino Ratio Market -24.5% 19.5 9.4 7.6 -2.2 Risk-Free 1% 3 2 Fund 4 2 What is the Sortino ratio for the fund and the market? Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers rounded to 4 decimal places. h Market
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2018 2019 2020 2021 2022 Fund -23.0% 25.1 14.3 6.8 -2.34 Market -43.5% 21.4 15.1 8.8 -5,2 Risk-Free 3% 5 2 0.0351 x 0.0067 X 6 2 What are the Sharpe and Treynor ratios for the fund? Note: Do not round intermediate calculations. Round your answers to 4 decimal places. X Answer is complete but not entirely correct. Sharpe ratio Treynor ratio
Suppose a mutal fund has total assets of $25500000 and liabilities of 2100000. Currently there are 10200000 shares outstanding. Determine the net asset value of the fund? Round to the nearest cent
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2018 Fund -16.4% Market -32.5% Risk-Free 3% 2019 25.1 20.3 4 2020 13.2 11.8 2 2021 2022 6.2 -1.68 8.0 -3.2 5 3 What are the Sharpe and Treynor ratios for the fund? Note: Do not round intermediate calculations. Round your answers to 4 decimal places. Sharpe ratio Treynor ratio 4
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Calculate Jensen's aplha for the fund aswell as it's information ratio. (Do not round intermedediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places. Year Fund Market Risk-Free 2018 -18.80% -36.50% 1% 2019 25.10 2020 13.60 2021 7.00 2022 -1.92 20.70 13.00 8.40 -4.20 6 2 6 2
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2018 Fund -18.80% Market -36.50% Risk-Free 1% 2019 25.10 20.70 6 2020 13.60 13.00 2 2021 2022 7.00 -1.92 8.40 -4.20 6 2 Calculate Jensen's alpha for the fund, as well as its information ratio. Note: Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places. Jensen's alpha Information ratio 3.72% 0.4007
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .96. Year Fund 2015 -14.92% Market -28.50% Risk-Free 2% 2016 25.10 19.90 2017 12.80 10.60 2018 7.00 2019 -1.44 7.60 -2.20 4252 Calculate Jensen's alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.) Jensen's alpha Information ratio %
You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is .97. Year Fund Market Risk-Free 2015 −18.80 % −36.50 % 1 % 2016 25.10 20.70 6 2017 13.60 13.00 2 2018 7.00 8.40 6 2019 −1.92 −4.20 2 Calculate Jensen’s alpha for the fund, as well as its information ratio. (Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places.)
Suppose you manage an equity fund with the following securities. Use the following data to calculate the information ratio of each stock. Input Data Vogt Industries Isher Corporation Hedrock, Incorporated Alpha 0.012 0.006 0.016 Beta 0.277 1.015 1.630 Standard Deviation 0.156 0.168 0.181 Residual Standard Deviation 0.117 0.048 0.113 Required: Using the information in the table above, please calculate the information ratio for each stock. (Use cells A5 to D8 from the given information to complete this question.) Vogt Industries Isher Corporation Hedrock, Incorporated Information Ratio