A mutual fund has a portfolio worth $3.2 million consisting of 50,000 shares of company "A" at a price of $46 per share and 50,000 shares of company "B" at a price of $18 per share. The fund decided to sell 50,000 shares of company "B" and used the proceeds to buy 20,000 shares of company "C" at a price of $45. What is the portfolio turnover of the fund?

Q: A year​ ago, an investor bought 400 shares of a mutual fund at ​$7.52 per share. This​ year, the…

A: Given: Particulars Amount Number of shares 400 Price per share $7.52 Dividend $0.77…

Q: The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses…

A: The term mutual fund refers to the process of polling of money from different investors, and then…

Q: An investor buys shares in a mutual fund for $20. At the end of the year the fund distributes a…

A: Introduction Mutual Funds:  A mutual fund is a type of financial vehicle that invests in securities…

Q: On October 24, 2020, the market value of the investments contained in the Global Investment Fund, a…

A: The net value per share (NVPS) represents the worth of one share or one fund. The net value per…

Q: A mutual fund has total assets of $11 million and total liabilities of $5 million. There are 2…

A: Net assets of mutual fund = Total assets - Total liabilities.  In mutual fund we call shares/units.

Q: The Argentina Fund has $450 million in assets and sells at a discount of 6.3 percent to NAV. If the…

A: Net asset value per share can be computed with the help of a fraction, where numerator of the…

Q: What is the total gain of the company if the mutual fund’s net asset value is at P30 and the fund…

A: The process where a large amount of money is received from various interested investors, Once the…

Q: onsider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the…

A: …

Q: You have $16,000 to invest in a mutual fund with an NAV = $45. You choose a fund with a 4 percent…

A: Rate of return is the annual income generated from the investment expressed in percentage terms.

Q: A mutual fund has total assets of $13 million and total liabilities of $5 million. There are 4…

A: NAV of mutual funds = (Assets - liabilties)/shares outstanding

Q: A mutual fund has total assets of $45,000,000 and total liabilities of $4,000,000. There are…

A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…

Q: City Street Fund has a portfolio of $450 million and liabilities of $10 million.a. If 44 million…

A: Part (a): Answer: Net asset value is $10

Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares…

A: The mutual fund represents the fund that is invested in various commodities in the market i.e.,…

Q: A mutual fund has total assets of $40,000,000 and total liabilities of $3,000,000. There are…

A: Net asset value of the mutual fund = (Total assets - total liabilities) / no. of shares outstanding…

Q: Assume a fund has securities worth ₱140 million, liabilities of ₱5 million, 10 million shares…

A:

Q: A mutual fund has total assets of $50,000,000 and total liabilities of $5,000,000. There are…

A: Here, Total Assets is $50,000,000 Total Liabilities is $5,000,000 Shares Outstanding is 1,900,000…

Q: Calculate the NAV for a mutual fund with the following​ values:   Market value of securities held in…

A: The formula to compute net asset value as follows:

Q: Find the net asset value of the mutual fund.

A: Net assets value (NAV) is defined as the per-share value of total assets less liabilities. The…

Q: mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares did…

A: Offer price = $14.06 Investment = $14000

Q: An investor buys shares in a mutual fund for $21. At the end of the year the fund distributes a…

A: The return on investment would be considered the value from the investment made by investors. The…

Q: A mutual fund has total assets of 17 million and total liabilities of 3 million. there are 2 million…

A: Here, Total assets is $17,000,000 Total Liabilities is $3,000,000 Shares Outstanding is 2,000,000…

Q: The Closed Fund is a closed-end investment company with a portfolio currently worth $200 million. It…

A: Part (a): Answer: Net asset value is $39.4

Q: HappyRetirement fund owns 150,000 shares of stock a comma 200,000 shares of stock B, and 400,000…

A: Net Asset Value [NAV] of fund = Net assets / units outstanding

Q: Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock…

A: Given information: Stock Shares Price Market Value W 1,000 $12 $12,000 X…

Q: David Nash has $100,000 to invest in a mutual fund.a. How many shares can he purchase in a no-load…

A: Mutual fund companies collect funds from investors and create a fund pool which invests in…

Q: You purchased 5,000 shares of a mutual fund at a price of $7.50 per share.  You later sell those…

A: Return on investment = (sale price - purchase price + dividend)/purchase price

Q: Consider a mutual fund with $250 million in assets at the start of the year and 10 million shares…

A: Net asset value (NAV) is a method that helps to evaluate the value of a company. It also provides…

Q: Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are…

A: Calculation of net asset value of the fund as follows under:-

Q: The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses…

A: The question is based on the concept of business finance

Q: Find the following for the indicated mutual fund when the given number of shares is bought and sold…

A: Return refers to the ratio of total return and shares purchase price. Total return refers to the…

Q: Samantha is the money manager of a R4 000 000 investment fund. The fund consists of four shares with…

A: Given, Market required return (Rm)= 14% Risk-free rate (Rf) = 6% CAPM: The capital asset pricing…

Q: What is the net asset value at the start and end of the year? What is the rate of return for an…

A: Accounting rate of return compares average profit with average investment and express profit as a…

Q: The Closed Fund is a closed-end investment company with a portfolio currently worth $245 million. It…

A: NAV of the fund = (Portfolio Value - Liabilities) / No. of shares outstanding

Q: A year ago, an investor bought 200 shares of a mutual fund at $7.58 per share. This year, the fund…

A: Here, No. of Shares Purchased is 200 shares Purchase Price per share is $7.58 Dividend per Share is…

Q: The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $1…

A: Net Asset Value is defined as the value of the assets of entity and minus the liabilities value,…

Q: The Retired Fund is an open-ended mutual fund composed of $500 million in U.S. bonds and U.S.…

A: The steps are taken as an independent reorganization of the market timing effects and decisions…

Q: Suppose you are the money manager of a $5.26 million investment fund. The fund consists of four…

A: According to CAPM model  rate of return = Rf+beta×Rm-Rf GIVEN, Rf=5% Rm=9% therefore we can find…

Q: Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are…

A: Net asset value of the fund is the value of each unit in the fund. It is calculated by dividing the…

Q: A mutual fund has total assets of $30,000,000 and total liabilities of $100,000. There are 4,500,000…

A: Information Provided: Total assets = $30,000,000 Total liabilities = $100,000 Shares outstanding =…

Q: NAV

A: Formula to calculate premium or discount as a % of NAV is: Premium = (Price - NAV)/NAV To calculate…

Q: A mutual fund has total assets of 40,000,000 and total liabilities of 5,000,000. There are…

A: Net Asset Value of Mutual fund = (total assets - total liabilities) / shares outstanding

Q: Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are…

A: NAV is the net asset value of a mutual fund company. it means it is the value of the mutual fund…

Q: Suppose you own a mutual fund which has 19,000,000 shares outstanding. If its total assets are…

A: Net asset value (NAV) is the value of net assets of the company. The net assets value is determined…

Q: A mutual fund has total assets of $13 million in total liabilities of $3 million. There are 2…

A: Given information Total Assets =$13million Total liabilities = $3million Number of Shares…

Q: A mutual fund has 150 shares of Apple Computer trading at $170 per share, 100 shares of Tesla…

A: Under stock market, there are numerous types of investment one can have. These investments can be…