What is the average annual fee as a percent paid by investor

Assignment Help Finance Basics
Reference no: EM131128309

A mutual fund charges a 5% upfront load plus reports an expense ratio of 1.34%. If an investor plans on holding a fund for 30 years, what is the average annual fee, as a percent, paid by the investors?

Reference no: EM131128309

Questions Cloud

What is the annualized return : Assume the new investor then sells the 420 shares. What is his profit? What is the annualized return? The fund sells 800 shares of stock 4 to raise the needed funds. Assume 250 trading days per year.
Calculate the new number of shares and price per share : An investor sends the fund a check for $50,000. If there is no front-end load, calculate the new number of shares and price per share. Assume the manager purchases 1,800 shares of stock 3, and the rest is held as cash.
Fund value be at the end of the year for investors to break : A $1 million fund is charging a back-end load of 1%, 12b-1 fees of 1%, and an expense ratio of 1.9%. Prior to deducting expenses, what must the fund value be at the end of the year for investors to break even? Questions 6–12 trace a sequence of trans..
Which shares make more sense for an investor looking : A mutual fund offers “A” shares, which have a 5% upfront load and an expense ratio of 0.76%. The fund also offers “B” shares, which have a 3% back-end load and an expense ratio of 0.87%. Which shares make more sense for an investor looking over an 18..
What is the average annual fee as a percent paid by investor : A mutual fund charges a 5% upfront load plus reports an expense ratio of 1.34%. If an investor plans on holding a fund for 30 years, what is the average annual fee, as a percent, paid by the investors?
How many shares can be purchased : Stock 3 announces record earnings, and the price of stock 3 jumps to $32.44 in after-market trading. If the fund (illegally) allows investors to buy at the current NAV, how many shares will $25,000 buy? If the fund waits until the price adjusts, how ..
What is market timing when referred to by mutual funds : What is market timing when referred to by mutual funds?
What is late trading when referred to by mutual funds : What is late trading when referred to by mutual funds?
Equity for the fiscal year ended december : The stockholders' equity T accounts of For All Occasions Greeting Cards Inc. for the current fiscal year ended December 31, 2010, are as follows.

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the discount rate

Compute the discount rate. (Do not round intermediate calculations. Input your answer as a percent rounded up to the nearest whole percent.)

  What was apples quick ratio

In July 2007, Apple had cash of $7.12 billion, current assets of $18.75 billion, current liabilities of $6.99 billion, and inventories of $0.25 billion.

  Find out the new balance sheet entries for those assets and

question a firm with sales of 30000 has the following balance sheetassets liabilities and equity as of

  Klingon widgets inc purchased new cloaking machinery four

klingon widgets inc. purchased new cloaking machinery four years ago for 15 million. the machinery can be sold to the

  What is the present value of all future earnings

A rich aunt has promised you $5000 one year from today. In addition, each year after that, she has promised you a payment (on the anniversary of the last payment) that is 5% larger than the last payment. She will continue to show this generosity for ..

  How corporations are taxed on dividend income

Which of the following best describes how corporations are taxed on dividend income?

  If a can containing 500 nuts is selected at random from

if a can containing 500 nuts is selected at random from each of three different distributors of mixed nuts and there

  Important for a business analyst

Why is it important for a Business Analyst to understand the different phases of the systems development process?

  What is the unlevered cost of equity for bcc

What is the unlevered cost of equity for BCC and what are the free cash flows and interest tax shields for the first 5 years?

  What is the density of whole milk in pounds per gallon

Approximately how many dollars worth of pennies would you need to place side by side to cover a total distance of one mile? The speed limit on many Australian highways is 100.0 kilometers per hour. Convert this to miles per hour.

  Year-long newspaper subscription

In 1983, a year-long newspaper subscription cost $12.75. Today, a year-long newspaper subscription costs $28.50. If the CPI is 193, what is the relation of the actual price of a year-long newspaper subscription to the expected price, to the neares..

  Acquisition management

Describe the roles of the Executive Branch, Congress, and defense industry in Defense Acquisition. What are some of the responsibilities and objectives of each sector?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd