Question: a 14. two mutual funds are displayed in the table below. Fund A has a load whilst fund B has a back-end load. For both
a 14. two mutual funds are displayed in the table below. Fund A has a load whilst fund B has a back-end load. For both Fund A and Fund B, calculate i. the number of shares purchased one year ago with GH10,000 ii. the total profit in cedis for the year. Load Fund A Front-end load of 3% Fund B Back-end load of 2% NAV 1 year Ago 10.23 23.45 NAV Today 11.25 25.79
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