Unformatted text preview: investment objective (see
column headed “%Rank Cat”). A rank of 1 means the fund is a top performer. A rank of 80 would mean that it
was beaten by 80% of funds in the comparison group. Finally, growth of $10,000 invested in the fund over
various periods ranging from the past three months to the past 15 years is given in the last column.
More data on the performance of the fund are provided in the graph near the top of the figure. The line graph
compares the growth of $10,000 invested in the fund and the S&P 500 over the last 10 years. Below the graph
are boxes for each year that depict the relative performance of the fund for that year. The shaded area on the
box shows the quartile in which the fund's performance falls relative to other funds with the same objective. If the
shaded band is at the top of the box, the firm was a top quartile performer in that period, and so on. The table
below the bar charts presents historical data on chara...
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This note was uploaded on 08/15/2013 for the course ECON 4000 taught by Professor Arkonac during the Summer '11 term at CUNY Baruch.
- Summer '11