The Mawer Canadian Equity Fund won a 2015 Lipper Award for one of the best 10-year compound
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The Mawer Canadian Equity Fund won a 2015 Lipper Award for one of the best 10-year compound annual returns of any Canadian mutual fund. This fund invested in securities of larger Canadian companies. The fund's annual returns in successive years from 2005 to 2014 inclusive were 20.60%, 13.95%, 11.51%, -29.68%, 29.48%, 13.78%, 1.91%, 12.68% 25.45%, and 15.83% respectively. For 3-year, 5-year, and 10-year periods ended December 31, 2015, what were the fund's equivalent annually compounded returns?
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Suppose the initial investment in the portfolio was 100 For the last 3 years FV 1001 ...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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