A year ago, the Very Large Growth Fund was being quoted at an NAV of...
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A year ago, the Very Large Growth Fund was being quoted at an NAV of $ and an offer price of $Today it's being quoted at $NAV and $offer What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $ per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. Hint: You as an investor, buy fund shares at the offer price and sell at the NAV.
A year ago, the Very Large Growth Fund was being quoted at an NAV of $ and an offer price of $Today it's being quoted at $NAV and $offer What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $ per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. Hint: You as an investor, buy fund shares at the offer price and sell at the NAV.
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