1) The FSSE 3 Index has three core constituents: LLOYD PLC, Phoenix Group Holdings, and Aviva. Below are the Beginning and Ending prices provided with outstanding Shares.

	Beginning of the period	End of the Period
Security	Price ()	Shares Outstanding (Millions)	Price ()	Shares Outstanding (Millions)
LLOYD PLC	20.00	300	28.00	300
Phoenix Group Holdings	50.00	300	48.00	300
Aviva	26.00	2000	30.00	2000

Assuming FSSE3 Index is equally weighted and if you are an Investor with Passive Style Investing and investing $1000 in each constituent. Calculate your return based on your chosen benchmark i.e., FSSE 3?

Answer rating: 100% (QA)

To calculate the return based on the chosen benchmark FSSE 3 for an investor with passive st... View the full answer