Sti A fund with a entry load fees of 5%, with an initial gross investment of...

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Sti A fund with a entry load fees of 5%, with an initial gross investment of 10,000, charges annual expense ratio of 1%. The fund is expected to grow at the rate of 12. tears a) Calculate the ending value of the fund if the investment kept for 5 years. b) Calculate the rate of return from this investment Sti A fund with a entry load fees of 5%, with an initial gross investment of 10,000, charges annual expense ratio of 1%. The fund is expected to grow at the rate of 12. tears a) Calculate the ending value of the fund if the investment kept for 5 years. b) Calculate the rate of return from this investment

Answer rating: 100% (QA)

To calculate the ending value of the fund after 5 years we need to consider the entry load fees and ... View the full answer