Problemthe global growth fund is a load fund with a 6, Ask an Expert

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Problem:

The Global Growth Fund is a load fund with a 6 percent front load fee. It started the year with a Net Asset Value (NAV) of $16.50. During the year the fund distributed $1.05, and at the end of the year its NAV was $17.95.
Required:

Question 1: What was the fund's return, and what was the investor's return? Why are they different? Please provide all calculation and methods to solve it.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146942

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