1) A mutual fund has the following assets in euros: Instrument Quantity Price 50 18 45...

 

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1º) A mutual fund has the following assets in euros: Instrument Quantity Price 50 18 45 15 35 24 50 34 35 15 7 105% 4,000 euros Telefónica BBVA Repsol Iberdrola Inditex Bonds (1000 eur. face value) Cash..... "Bonds" stands for a dozen different issues by EU institutions. Calculate: a. The fund's total assets in euros. b. NAV (gross of fees), if there are 5 units for this fund c. Check whether it fulfills the 5-10-40 diversification requirements d. If the Management fee is 1.25% and the deposit fee is 0.10%, what would be the annual income of the asset manager and the custodian, supposing that the fund's assets remained stable throughout the year? e. One investor has 3 units, purchased at a gross NAV of 3,000. If he wants to sell at today's NAV, what profit would he make, in euros, net of management and deposit fees? 1º) A mutual fund has the following assets in euros: Instrument Quantity Price 50 18 45 15 35 24 50 34 35 15 7 105% 4,000 euros Telefónica BBVA Repsol Iberdrola Inditex Bonds (1000 eur. face value) Cash..... "Bonds" stands for a dozen different issues by EU institutions. Calculate: a. The fund's total assets in euros. b. NAV (gross of fees), if there are 5 units for this fund c. Check whether it fulfills the 5-10-40 diversification requirements d. If the Management fee is 1.25% and the deposit fee is 0.10%, what would be the annual income of the asset manager and the custodian, supposing that the fund's assets remained stable throughout the year? e. One investor has 3 units, purchased at a gross NAV of 3,000. If he wants to sell at today's NAV, what profit would he make, in euros, net of management and deposit fees?

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The detailed answer for the above question is provided below A The funds total assets in euros The total assets of the fund in euros is calculated by ... View the full answer