The Stonk Innovation Fund invests in the stocks of U.S. growth companies that it deems to...

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The Stonk Innovation Fund invests in the stocks of U.S. growth companies that it deems to be technological disruptors. Over an eight week period, the Fund experienced the following weekly net investor flows and returns: Week Net Return 1 3 4 5 6 7 8 +14.71% -0.40% +2.94% -5.91% +8.75% +4.76% -2.54% -14.58% Net Investor Flow ($ Bn) +0.51 +1.49 +1.05 +0.12 +0.97 +1.12 -0.06 +0.31 (i) Assuming the Fund started this period with $17.68 billion in net assets, what amount of net assets did it have at the end of the period assuming the net investor flow occurred at the end of the applicable week? (12 points) (ii) What was the Fund's net return over this full eight-week period? (6 points) (iii) Did the "average" investor in this fund make money or lose money during this period? Briefly explain your answer. (6 points) Extra Credit: What was the Fund's dollar-weighted return during this eight-week period? The Stonk Innovation Fund invests in the stocks of U.S. growth companies that it deems to be technological disruptors. Over an eight week period, the Fund experienced the following weekly net investor flows and returns: Week Net Return 1 3 4 5 6 7 8 +14.71% -0.40% +2.94% -5.91% +8.75% +4.76% -2.54% -14.58% Net Investor Flow ($ Bn) +0.51 +1.49 +1.05 +0.12 +0.97 +1.12 -0.06 +0.31 (i) Assuming the Fund started this period with $17.68 billion in net assets, what amount of net assets did it have at the end of the period assuming the net investor flow occurred at the end of the applicable week? (12 points) (ii) What was the Fund's net return over this full eight-week period? (6 points) (iii) Did the "average" investor in this fund make money or lose money during this period? Briefly explain your answer. (6 points) Extra Credit: What was the Fund's dollar-weighted return during this eight-week period?

Answer rating: 100% (QA)

i Starting net assets 1768 Bn Week 1 Return 1471 Net assets 1Return 1768 101471 2024 Bn Flow 051 Bn ... View the full answer