Question: The All State Mutual Fund has the following 5 year record of
The All-State Mutual Fund has the following 5-year record of performance:
Find this no-load fund’s 5-year (2009–2013) average annual compound rate of return. Also find its 3-year (2011–2013) average annual compound rate of return. If an investor bought the fund in 2009 at $10.00 a share and sold it 5 years later (in 2013) at $15.72, how much total profit per share would she have made over the 5-year holding period?
Answer to relevant QuestionsWhat role, if any, do an investor's personal characteristics play in determining portfolio policy? Explain. What is active portfolio management? Will it result in superior returns? Explain. Explain the role that formula plans can play in the timing of security transactions. Describe the logic underlying the use of these plans. Why is it important to continuously manage and control your portfolio? Chee Chew’s portfolio has a beta of 1.3 and earned a return of 12.9% during the year just ended. The risk-free rate is currently 7.8%. The return on the market portfolio during the year just ended was 11.0%. a. Calculate ...
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