eBook Problem 17-06 The Global Growth Fund is a load fund with a 3 percent front load fee. It started the year with a net asset value (NAV) of $16.30. During the year the fund distributed $1.00, and the end of the year is NAV was $17.95. What was the fund's return, and what was an investor's retum? Round your answers to two decimal places. The fund's return: Return on the individual's investments % Why are they different? The answers are different because the fund reports its return based on the and the investors calculate their return based on the Select purchase price net asset