Six months ago, Andy bought shares from the Exemplar Canadian Focus fund. At the time, the fund

Question:

Six months ago, Andy bought shares from the Exemplar Canadian Focus fund. At the time, the fund was being quoted at an NAV of $5.24 (Canadian dollar) and an offer price of $6.50. Today, it is being quoted at an NAV of $7.88 and offered at $8.65. What is the holding period return on this fund, given that its dividends and capital gains distributions would have totaled $2.1 per share over the year?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

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

Question Posted: