Formula_Chap Mutual Fund

Formula_Chap Mutual Fund - 1) /2 Annual operating expenses...

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Formula Calculate Mutual Fund Return NAV NAV = Total market value of asset under managementNumber of mutual fund s h ares outstanding Calculate of Mutual Fund Costs Annual operating expense = management fee + 12b-1 fee Average net asset value = (Actual $ after commission charge-off + The $ return last year
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Unformatted text preview: 1) /2 Annual operating expenses = average net asset value x annual operating expense Value of investment at end of year 1 = The $ return last year 1 - Annual operating expenses The investor return = (Value of investment at end of year 1 Amount invest)/ (Amount invest)...
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This note was uploaded on 07/03/2011 for the course ECON 101 taught by Professor Ramiz during the Spring '11 term at Abilene Christian University.

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