A year ago, Gary invested in the Aberdeen Global II Sterling Bond Fund by purchasing 200 shares

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A year ago, Gary invested in the Aberdeen Global II Sterling Bond Fund by purchasing 200 shares at an NAV of £663.81 (Pound sterling). He decides to reinvest all interest and capital gains distributions. Today, he wants to sell his 250 shares at the current NAV of £750. What is the rate of return on this investment if there is a 4.25% initial load?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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