The accompanying table shows a portion of the annual returns (in %) for the Fidelity Latin America
Question:
The accompanying table shows a portion of the annual returns (in %) for the Fidelity Latin America Fund and the Fidelity Canada Fund from 2000 through 2017.
a. Which fund had the higher average return?
b. Which fund was riskier over this time period?
c. Given a risk-free rate of 3%, which fund has the higher Sharpe ratio? What does this ratio imply?
Transcribed Image Text:
Canada Year Latin America 2000 -17.46 12.28 2001 -6.04 -9.61 14.43 30.48 2017
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a x LA 1301 x Canada 1083 The Fidelity Latin America Fund has a higher average ...View the full answer
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9781260547658
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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