Page 102 the table on the left in the figure labeled

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Unformatted text preview: emphasis on growth over value stocks. Page 102 The table on the left in the figure, labeled “Performance,” reports on the fund's quarterly returns over the last few textflow.mcg r aw- ser .php?secload= 4.8&fake&pr int 2/4 7/28/13 IEB Wir efr ame years and then over longer periods up to 15 years. Comparisons of returns to relevant indexes, in this case, the S&P 500 and the Russell 1000 indexes, are provided to serve as benchmarks in evaluating the performance of the fund. The values under these columns give the performance of the fund relative to the index. The returns reported for the fund are calculated net of expenses, 12b- 1 fees, and any other fees automatically deducted from fund assets, but they do not account for any sales charges such as front- end loads or back- end charges. Next appear the percentile ranks of the fund compared to all other funds with the same...
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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.

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