b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Do not round intermediate calculationRound your answer to 2 decimal places.)Geometric average%c. Calculate the quarterly dollar-weighted average return on the fund. (Do not round intermediate calculations. Roundyour answer to 2 decimal places.)Dollar-weighted average return% $You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during thequarter. The fund started the quarter on January 1 with a balance of $100 million.Mighty Fine Mutual FundMonthly Data (measured at end of month)January February5.5-4.30Net inflows (5 million)HPR (%)Arithmetic averageRequired:a. Calculate the quarterly arithmetic average return on the fund. (Do not round intermediate calculations. Round yanswer to 2 decimal places.)%Geometric average-4.36.20March01.80b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Do not round intermediate calcul.Round your answer to 2 decimal places.)%

Arithmetic Average Return:The arithmetic average return, often referred to as the simple average or…

. Calculate the quarterly geometric (time-weighted) average return on the fund. (Do not round intermediate calculati Round your answer to 2 decimal places.) Geometric average % - Calculate the quarterly dollar-weighted average return on the fund. (Do not round intermediate calculations. Round our answer to 2 decimal places.) Dollar-weighted average return %

. Calculate the quarterly geometric (time-weighted) average return on the fund. (Do not round intermediate calculati Round your answer to 2 decimal places.) Geometric average % - Calculate the quarterly dollar-weighted average return on the fund. (Do not round intermediate calculations. Round our answer to 2 decimal places.) Dollar-weighted average return %

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter3: Data Visualization

Section: Chapter Questions

Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...

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Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: Which of the two mutual funds performed better over this time period?
Corporate Fund started the year with a net asset value of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-end distributions of income and capital gains of $1.50. Required: What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.) Rate of return %
You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on January 1 with a balance of $60 million. Mighty Fine Mutual Fund Monthly Data (measured at end of month) January February March Net inflows ($ million ) 4.3 -5.3 0 HPR (%) -1.90 5.60 4.80 Required: a. Calculate the quarterly arithmetic average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Calculate the quarterly geometric (time - weighted) average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. Calculate the quarterly dollar-weighted average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
A mutual fund sold $58 million of assets during the year and purchased $64 million in assets. If the average daily assets of the fund were $216 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places.) Fund turnover %
A mutual fund has total assets outstanding of $69 million. During the year, the fund bought and sold assets equal to $17.25 million. This fund's turnover rate was ________. 18.63% 28.5% 33.4% 25%
● Following results were obtained for the period of six months ending September 2022. Birla Sundaram Sun Nifty Rf Rp 25.38 36.28 45.56 36.74 9.00 Sigma 4.0 6.86 4.31 3.69 Beta 0.23 0.52 0.63 1.00 Using inputs, rank the funds according to the predictive ability of the fund's manager.
A fund begins with $10 million and reports the following three-month results (with negative figures in parentheses): Month: 2 3 Net cashflows (end of month, $ million). -10 -3.0 -5 18.486 HPR (%) 2.0 8.0 (4.0) Compute the arithmetic, time-weighted, and dollar-weighted average returns.
The New Fund had average daily assets of $2.7 billion in the past year. New Fund's expense ratio was 1.6%, and its management fee was 1.4%. * Required: a. What were the total fees paid to the fund's investment managers during the year? (Enter your answer in millions rounded to 2 decimal places.) Total fees paid million b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.) Other administrative expenses million
Consider the following trading and performance data for four different equity mutual funds: Fund W Fund x Fund y Fund z Assets under Management, $284.4 $662.1 $1,286.4 $5,564.6 Avg. for Past 12 months (mil) Security Sales, $44.6 $566.1 $1,455.6 $438.8 Past 12 months (mil) Expense Ratio 0.33% 0.75% 1.19% 0.24% Pretax Return, 3-year avg. 9.85% 10.65% 10.44% 9.73% Tax-adjusted Return, 3-year avg. 8.84% 8.84% 9.10% 9.04% Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % Fund X: % Fund Y: % Fund Z: %
Analyze the following three years of data relating to the MoMoney Mutual Fund, . It should report the amount of dividend income and capital gains distributed to the shareholders, along with any other changes in the fund's net asset value (b = 0.5). (Click the icon here ☐ in order to copy the contents of the data table below into a spreadsheet.) 2019 2018 NAV (beginning of period) ? ? 2017 $35.56 Net investment income 0.64 0.74 0.56 Net gains on securities 5.48 4.52 - 3.41 Dividends from net investment income 0.64 0.56 Distributions from realized gains 1.61 1.96 0.51 1.44 a. What is the total income from the investment operations? b. What are the total distributions from the investment operations? a. The total income from investment operations in 2019 is $ The total income from investment operations in 2018 is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) The total income from investment operations in 2017 is $ b. The total distributions from…
Suppose that at the beginning of Year 1 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Mean annual return (to 3 decimals) 7.847 Which mutual fund performed better? The Trippi mutual fund % 9.977 Year Year 1 Year 2 Year 3 $12,900 Year 4 $13,900 Year 5 $15,000 Year 6 $16,100 Year 7 $17,000 Year 8 $18,000 Compute the mean annual return for the Stivers mutual fund and for the Trippi mutual fund. Do not round intermediate calculations. Stivers Trippi % Stivers $10,500 $11,900 Trippi $5,700 $6,300 $7,000 $7,600 $8,600 $9,200 $9,900 $10,600
Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Fund OfferPrice Net AssetValue SalesCharge SalesCharge % Northstar A: MuFl A $13.45 $12.83