The FCHR-Mutual Funds file, placed below, provides information relating to 45 mutual funds listed in 2008...

 

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The FCHR-Mutual Funds file, placed below, provides information relating to 45 mutual funds listed in 2008 in the Morningstar Bank Funds 500. This dataset includes the variables following: - The type of fund: domestic (DE), international (IE) and fixed income (FI). - The value of each of the fund's units (in dollars): the security's closing price (VF). - The average return over five years (in %): the average annual return of the fund over the past five years (RM). - The expense ratio (in%) : the share of assets deducted each fiscal year for cover the fund management costs (RD). The Morningstar ranking of the fund (1 to 5 stars): the ranking adjusted to keep risk account of each fund (CM). a. Are the values of units of international funds higher than those of domestic funds and fixed income funds? Answer the question by comparing the box-feet of the three types of funds. b. Are the average returns of domestic funds higher than those of international funds and fixed income funds? Answer the question by comparing the box-feet of the three types of funds. c. Are the expense ratios of fixed income funds higher than those of domestic funds and international funds? Answer the question by comparing the box-feet of the three types of funds. d. In thorn alationchin hatunn the colon and their suaran 100% of the three types or Tunas. d. Is there a relationship between the value of fund units and their average return over five years? Answer the question by calculating and interpreting the coefficient of relevant correlation and separately considering the different types of funds. e. Is there a relationship between the value of fund units and the expense ratio of these funds? Answer the question by calculating and interpreting the coefficient of relevant correlation and separately considering the different types of funds. f. Is there a relationship between the five-year average fund return and the equity ratio? expenditure of these funds? Answer the question by calculating and interpreting the relevant correlation coefficient and separately considering the different types of funds. Funds Fund type Amer Cent Inc & Growth Iny American Century Intl. Disc American DE IE FI Equity value ($) 28.88 14.37 10.73 Average return over 5 years (%) 12.39 30.53 2.34 Expense ratio (%) 0.67 1.41 040 Ranking Morningsta r (number of stars) 2 3 100% + Envo American Century Tax-Free Bond American Century Ultra Ariel Artisan Intl Val Artisan Small Cap Baron Asset Brandywine Brown Cap Small Buffalo Mid Cap Delafield DFA U.S. Micro Cap Dodge & Cox Income e-Uni Fairholme Fidelity Contrafund Fidelity FI DE DE IE DE DE DE DE DE DE DE FI DE DE FI 10.73 24.94 46.39 25.52 16.92 50.67 36.58 35.73 15.29 24.32 13.47 12.51 31.86 73.11 12.58 3.34 10.88 11.32 24.95 15.67 16.77 18.14 15.85 17.25 17.77 17.23 4.31 18.23 17.99 4.41 0.49 0.99 1.03 1.23 1.18 1.31 1.08 1.20 1.02 1.32 0.53 0.44 1.00 0.89 0.45 3 23 4 نیا 3 544 4 4 4 3 43 S 5 100% + Mise en page *** 12 Références COX ICOme A A G I S Fairholme Fidelity Contrafund Fidelity Municipal Income Fidelity Overseas Fidelity Sel Electronics Fidelity Sh- Term Bond Fidelity FPA New Income Gabelli Asset AAA Greenspring Janus Janus yaume-Ung Worldwide Kalmar Gr Val Sm Cp Managers Freemont Bond Marsico 21st DE DE FI IE DE FI DE FI DE DE DE IE DE FI Tableau DE 31.86 73.11 12.58 48.39 45.60 8.60 39.85 10.95 49.81 23.59 32.26 54.83 15.30 10.56 17.44 Ouvrir dans l'application de bureau Av. 18.23 17.99 4.41 23.46 ... 13.50 2.76 14.40 4.63 16.70 12.46 12.81 12.31 15.31 5.14 15.16 田く描く聞く 1.00 0.89 0.45 0.90 0.89 0.45 0.56 0.62 1.36 1.07 0.90 0.86 1.32 0.60 1.31 3 55 5 3 4 43 4 نما انا 3 3 5 3 2 110 5 Recher Av 100% 12 A A G DE Marsico ZIST Century Mathews Pacific Tiger Meridan Value Oakmark I PIMCO Emerg Mkts Bd D RS Value A T. Rowe Price Latin Am. T. Rowe Price Mid Val Templeton Growth A Thornburg Value A USAA Income Vanguard Equity-Inc Vanguard Global me-Uni) IE DE DE FI DE IE DE IE DE FI DE IE I S OvAv.. 17.44 27.86 31.92 40.37 10.68 26.27 53.89 22.46 24.07 37.53 12.10 24.42 23.71 13.10 32.70 15.33 9.51 13.57 23.68 51.10 16.91 15.91 15.46 4.31 13.41 21.77 1E-1EY EV 1.51 1.16 1.08 1.05 1.25 1.36 1.24 0.80 1.01 1.27 0.62 0.29 Ev v A 0. > 0.64 4 4 3 درا 3 4 3 t 4 16 23 100% Mise en page 14 Val Templeton Growth A Thornburg Value A USAA Income A A GI Références Vanguard Equity-Inc. Vanguard Global Equity Vanguard GNMA Vanguard Sht-Tm TE Vanguard Sm Cp Idx Wasatch Sm Cp Growth IE DE FI DE IE FI FI DE Révision Affichage DE S 24.07 37.53 12.10 Dv Av 24.42 23.71 10.37 15.68 32.58 35.41 ... 15.91 15.46 4.31 13.41 21.77 4.25 2.37 17.01 13.98 Ouvrir dans l'application de bureau E✓ E✓ E A O 1.01 1.27 0.62 0.29 0.64 0.21 0.16 0.23 1.19 3 4 3 4 5 5 3 3 4 100% + The FCHR-Mutual Funds file, placed below, provides information relating to 45 mutual funds listed in 2008 in the Morningstar Bank Funds 500. This dataset includes the variables following: - The type of fund: domestic (DE), international (IE) and fixed income (FI). - The value of each of the fund's units (in dollars): the security's closing price (VF). - The average return over five years (in %): the average annual return of the fund over the past five years (RM). - The expense ratio (in%) : the share of assets deducted each fiscal year for cover the fund management costs (RD). The Morningstar ranking of the fund (1 to 5 stars): the ranking adjusted to keep risk account of each fund (CM). a. Are the values of units of international funds higher than those of domestic funds and fixed income funds? Answer the question by comparing the box-feet of the three types of funds. b. Are the average returns of domestic funds higher than those of international funds and fixed income funds? Answer the question by comparing the box-feet of the three types of funds. c. Are the expense ratios of fixed income funds higher than those of domestic funds and international funds? Answer the question by comparing the box-feet of the three types of funds. d. In thorn alationchin hatunn the colon and their suaran 100% of the three types or Tunas. d. Is there a relationship between the value of fund units and their average return over five years? Answer the question by calculating and interpreting the coefficient of relevant correlation and separately considering the different types of funds. e. Is there a relationship between the value of fund units and the expense ratio of these funds? Answer the question by calculating and interpreting the coefficient of relevant correlation and separately considering the different types of funds. f. Is there a relationship between the five-year average fund return and the equity ratio? expenditure of these funds? Answer the question by calculating and interpreting the relevant correlation coefficient and separately considering the different types of funds. Funds Fund type Amer Cent Inc & Growth Iny American Century Intl. Disc American DE IE FI Equity value ($) 28.88 14.37 10.73 Average return over 5 years (%) 12.39 30.53 2.34 Expense ratio (%) 0.67 1.41 040 Ranking Morningsta r (number of stars) 2 3 100% + Envo American Century Tax-Free Bond American Century Ultra Ariel Artisan Intl Val Artisan Small Cap Baron Asset Brandywine Brown Cap Small Buffalo Mid Cap Delafield DFA U.S. Micro Cap Dodge & Cox Income e-Uni Fairholme Fidelity Contrafund Fidelity FI DE DE IE DE DE DE DE DE DE DE FI DE DE FI 10.73 24.94 46.39 25.52 16.92 50.67 36.58 35.73 15.29 24.32 13.47 12.51 31.86 73.11 12.58 3.34 10.88 11.32 24.95 15.67 16.77 18.14 15.85 17.25 17.77 17.23 4.31 18.23 17.99 4.41 0.49 0.99 1.03 1.23 1.18 1.31 1.08 1.20 1.02 1.32 0.53 0.44 1.00 0.89 0.45 3 23 4 نیا 3 544 4 4 4 3 43 S 5 100% + Mise en page *** 12 Références COX ICOme A A G I S Fairholme Fidelity Contrafund Fidelity Municipal Income Fidelity Overseas Fidelity Sel Electronics Fidelity Sh- Term Bond Fidelity FPA New Income Gabelli Asset AAA Greenspring Janus Janus yaume-Ung Worldwide Kalmar Gr Val Sm Cp Managers Freemont Bond Marsico 21st DE DE FI IE DE FI DE FI DE DE DE IE DE FI Tableau DE 31.86 73.11 12.58 48.39 45.60 8.60 39.85 10.95 49.81 23.59 32.26 54.83 15.30 10.56 17.44 Ouvrir dans l'application de bureau Av. 18.23 17.99 4.41 23.46 ... 13.50 2.76 14.40 4.63 16.70 12.46 12.81 12.31 15.31 5.14 15.16 田く描く聞く 1.00 0.89 0.45 0.90 0.89 0.45 0.56 0.62 1.36 1.07 0.90 0.86 1.32 0.60 1.31 3 55 5 3 4 43 4 نما انا 3 3 5 3 2 110 5 Recher Av 100% 12 A A G DE Marsico ZIST Century Mathews Pacific Tiger Meridan Value Oakmark I PIMCO Emerg Mkts Bd D RS Value A T. Rowe Price Latin Am. T. Rowe Price Mid Val Templeton Growth A Thornburg Value A USAA Income Vanguard Equity-Inc Vanguard Global me-Uni) IE DE DE FI DE IE DE IE DE FI DE IE I S OvAv.. 17.44 27.86 31.92 40.37 10.68 26.27 53.89 22.46 24.07 37.53 12.10 24.42 23.71 13.10 32.70 15.33 9.51 13.57 23.68 51.10 16.91 15.91 15.46 4.31 13.41 21.77 1E-1EY EV 1.51 1.16 1.08 1.05 1.25 1.36 1.24 0.80 1.01 1.27 0.62 0.29 Ev v A 0. > 0.64 4 4 3 درا 3 4 3 t 4 16 23 100% Mise en page 14 Val Templeton Growth A Thornburg Value A USAA Income A A GI Références Vanguard Equity-Inc. Vanguard Global Equity Vanguard GNMA Vanguard Sht-Tm TE Vanguard Sm Cp Idx Wasatch Sm Cp Growth IE DE FI DE IE FI FI DE Révision Affichage DE S 24.07 37.53 12.10 Dv Av 24.42 23.71 10.37 15.68 32.58 35.41 ... 15.91 15.46 4.31 13.41 21.77 4.25 2.37 17.01 13.98 Ouvrir dans l'application de bureau E✓ E✓ E A O 1.01 1.27 0.62 0.29 0.64 0.21 0.16 0.23 1.19 3 4 3 4 5 5 3 3 4 100% +

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