Six months ago, Andy bought shares from the Exemplar Canadian Focus fund. At the time, the fund
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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?
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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