Consider the following trading and performance data for the following equity mutual fund: AUM, Avg. for...
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Consider the following trading and performance data for the following equity mutual fund: AUM, Avg. for Past 12 Months (Mil) = 255.00; Security Sales, Past 12 Months (Mil) 47.50; Expense Ratio = 0.0040; Pretax Return, 3-Year Avg. = 0.1015; Tax- Adjusted Return, 3-Year Avg. = 0.0825. a. Calculate the portfolio turnover ratio for the fund, in decimal format, rounded to the nearest thousandths place, i.e, 0.001. b. Calculate the tax cost ratio I A for the fund, in percentage f Answer 1 ounded to the nearest hundredths place, i.e., 0.01. A Consider the following trading and performance data for the following equity mutual fund: AUM, Avg. for Past 12 Months (Mil) = 255.00; Security Sales, Past 12 Months (Mil) 47.50; Expense Ratio = 0.0040; Pretax Return, 3-Year Avg. = 0.1015; Tax- Adjusted Return, 3-Year Avg. = 0.0825. a. Calculate the portfolio turnover ratio for the fund, in decimal format, rounded to the nearest thousandths place, i.e, 0.001. b. Calculate the tax cost ratio I A for the fund, in percentage f Answer 1 ounded to the nearest hundredths place, i.e., 0.01. A
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