Calculate the simple average weighted return per fund on the initial allocation within the portfolio and comment as to why the portfolio return (calculated in #2) is different than the sum of the weighted average returns of the funds that make up the portfolio

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CIBC Canadian Bond Fund CIBC Global Bond Index Mawer New Canada RBC Emerging Market Sales Cap TD Entertainment & Communications Total 5,000 10,000 3,000 2,500 4,500 $25,000 CIBC Canadian Bond Fund 5,668.50 CIBC Global Bond Index 13,096.00 Mawer New Canada 4,135.50 RBC Emerging Markets Sales Cap 3,935.75 TD Entertainments & Communications 8,647.65 Total $35,483.40 CIBC Canadian Bond Fund 4.27% CIBC Global Bond Index 9.41% Mawer New Canada 11.29% RBC Emerging Market Sales Cap 16.33% TD Entertainment & Communications 24.33% 2. PV = ($25,000) FV = $35,483.40 N=3 PMT=0 I/Y = 12.38% CIBC Canadian Bond Fund CIBC Global Bond Index Mawer New Canada RBC Emerging Market Sales Cap TD Entertainment & Communications Total 5,000 10,000 3,000 2,500 4,500 $25,000 CIBC Canadian Bond Fund 5,668.50 CIBC Global Bond Index 13,096.00 Mawer New Canada 4,135.50 RBC Emerging Markets Sales Cap 3,935.75 TD Entertainments & Communications 8,647.65 Total $35,483.40 CIBC Canadian Bond Fund 4.27% CIBC Global Bond Index 9.41% Mawer New Canada 11.29% RBC Emerging Market Sales Cap 16.33% TD Entertainment & Communications 24.33% 2. PV = ($25,000) FV = $35,483.40 N=3 PMT=0 I/Y = 12.38%

Answer rating: 100% (QA)

1 Weighted Average Return per Fund To calculate the weighted average return per fund on the initial ... View the full answer