Calculate the NAV for a mutual fund with the following values: Market value of securities held in the portfolio = $1.2 billion Liabilities of the fund = $47 million Shares outstanding = 70 million The NAV per share is ?
Q: The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $…
A: PORTFOLIO TURNOVER RATE FORMULA: Portfolio turnover =minmum of sold or purchasesNAV
Q: The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200000 $35…
A: With the given information, we can determine the net asset value as follows:
Q: On October 24, 2020, the market value of the investments contained in the Global Investment Fund, a…
A: The net value per share (NVPS) represents the worth of one share or one fund. The net value per…
Q: Consider an open-end mutual fund with 2 million shares outstanding, liabilities of $5 million, and…
A: Net Asset Value= Market Value of Assets - Liabilities
Q: Calculate the premium or discount percentage on the fund, if the fund has total assets of $830…
A: The share is said to be trading at premium, if the face value of the share is less than the market…
Q: A mutual fund has total assets of $45,000,000 and total liabilities of $4,000,000. There are…
A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…
Q: Mutual funds charge their clients an “expense ratio” for managing yourfunds. A 1.5% annual expense…
A: The future value is the future worth of cash flow at a certain rate of interest after a certain…
Q: A mutual fund has total assets of $40,000,000 and total liabilities of $3,000,000. There are…
A: Net asset value of the mutual fund = (Total assets - total liabilities) / no. of shares outstanding…
Q: Assume a fund has securities worth ₱140 million, liabilities of ₱5 million, 10 million shares…
A:
Q: A mutual fund has total assets of $35,000,000 $5,000,000. There are 1,200,000 shares and total…
A: Total assets = $35,000,000 Total liabilities = $ 5,000,000 Number of shares = 1,200,00
Q: A mutual fund has assets of $50 million, liabilities of $150000 million and 1 million shares what is…
A: NAV FORMULA: NAV=asset - liabiltiesnumber of outstanding shares
Q: You have $15,000 to invest in a mutual fund. You choose a fund with a 3.5 percent front load, a 1.75…
A: The net annual rate of return is providing information that with the security investment, what…
Q: )The twenty-first century closed-end fund has GHS350 million in securities, GHS8 million in…
A: Net Asset Value: It is the total sum of total assets less total liabilities divided by total…
Q: You plan to invest $1000 in a corporate bond fund or in a common stock fun. The information to the…
A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…
Q: A mutual fund has total assets of $50,000,000 and total liabilities of $5,000,000. There are…
A: Here, Total Assets is $50,000,000 Total Liabilities is $5,000,000 Shares Outstanding is 1,900,000…
Q: Find the net asset value of the mutual fund.
A: Net assets value (NAV) is defined as the per-share value of total assets less liabilities. The…
Q: You are given the the information below on a mutual fund. What is the arithmetic average? Year 1…
A: A compound average return on stock each year is known as the 1-year return of that stock.
Q: Suppose a mutal fund has total assets of $25500000 and liabilities of 2100000. Currently there are…
A: Given data; total assets = $25,500,000 Labilities = $ 2,100,000 shares outstanding = 10,200,000
Q: The aqua liquid money market mutual fund has nav $1 per share. During the year asset held by the…
A: Mutual Fund NAV is $1 per share Invested amount is $30,000 (start of the year) Fund appreciation…
Q: Consider that 2 investment funds exist. ABC Fund(invested in 50% normal stock and 50% risky bonds)…
A: The question is based on the concept of risk and return of portfolio . Formula as:…
Q: You invested in the no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at…
A: Purchase price (NAV0) = $19.44 Dividend (D) = $1.88 Capital gain (C) = $2.12 NAV at the end of year…
Q: 1. A fund is set up to charge a load. Its net asset value is P16.50 and its offer price is P17.30.…
A: The organization's net assets after reducing total liabilities from total assets are known as net…
Q: Consider a mutual fund with $250 million in assets at the start of the year and 10 million shares…
A: Net asset value (NAV) is a method that helps to evaluate the value of a company. It also provides…
Q: Suppose you own a mutual fund which has 19,000,000 shares outstanding. If its total assets are…
A: Given: Shares outstanding = 19,000,000 Total assets = $36,000,000 Liabilities = $5,000,000
Q: Required information [The following information applies to the questions displayed below.] A pension…
A: Minimum variance portfolio is that portfolio which comprises risky assets in such proportion that…
Q: what would be the HPR?
A: Holding period return (HPR) is the return which is earned by the company by holding a security for a…
Q: What is the net asset value at the start and end of the year? What is the rate of return for an…
A: Accounting rate of return compares average profit with average investment and express profit as a…
Q: Solve the problems listed below. Show your solution and box the final answer. (bond or yellow paper)…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 1)The twenty-first century closed-end fund has GHS350 million in securities, GHS8 million in…
A: “Since you have asked multiple questions, we will solve the one question for you. If you want any…
Q: The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $1…
A: Net Asset Value is defined as the value of the assets of entity and minus the liabilities value,…
Q: what is the load fee as a percentage of the net asset value? Round your answer to two decimal…
A: Mutual Funds Corporation charges load fees when investors buy shares from the funds. Load fee is the…
Q: Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the…
A: The term net asset value or NAV is the price per share of the securities of the mutual funds that…
Q: A mutual fund has total assets of $30,000,000 and total liabilities of $100,000. There are 4,500,000…
A: Information Provided: Total assets = $30,000,000 Total liabilities = $100,000 Shares outstanding =…
Q: What is a mutual fund? In what sense is it a financial institution?.
A: “Hey, since there are multiple questions posted, we will answer first question. If you want any…
Q: NAV
A: Formula to calculate premium or discount as a % of NAV is: Premium = (Price - NAV)/NAV To calculate…
Q: Required information (The following information applies to the questions displayed below.) A pension…
A: Given:
Q: A mutual fund has total assets of 40,000,000 and total liabilities of 5,000,000. There are…
A: Net Asset Value of Mutual fund = (total assets - total liabilities) / shares outstanding
Q: Consider the following trading and performance data for four different equity mutual funds:…
A: Introduction: Usually, a portfolio turnover ratio is calculated by dividing securities value with…
Q: You invested in the no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at…
A: Given That: Opening NAV= $19.44 per share Closing NAV=$21.36 per share Dividend=$1.88 Capital Gain=…
Q: Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are…
A: NAV is the net asset value of a mutual fund company. it means it is the value of the mutual fund…
Q: Suppose you own a mutual fund which has 19,000,000 shares outstanding. If its total assets are…
A: Net asset value (NAV) is the value of net assets of the company. The net assets value is determined…
Q: Suppose you own a mutual fund which has 11,000,000 shares outstanding. If its total assets are…
A: GIVEN, ASSET = $44,000,000 LIABILITES= $7000,000 SHARES = 11,000,000
Q: If a mutual fund's net asset value is $23.60 and the fund sells its shares for $25.30, what is the…
A: Load fee = fund sell price - NAV Load fee = $ 25.30 -$23.60 Load fee = $1.70
|
Market value of securities held in the portfolio
|
= $1.2 billion |
|
Liabilities of the fund
|
= $47 million |
|
Shares outstanding
|
= 70 million |
The NAV per share is ?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- Calculate the net asset value per share (NAVPS) for a mutual fund with the following values. Market value of securities in the portfolio $1.2 billion Liabilities of the fund $39.3 million Shares outstanding 52 million The NAVPS for this mutual fund is $ (Round your answer to the nearest cent.)Calculate the net asset value (NAV) for a mutual fund with the following values: The NAV of the mutual fund is $ Data table per share. (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.) Market value of securities held in the portfolio = $4.3 billion Liabilities of the fund = $168 million = 318 million Shares outstanding XNet asset value (NAV) of an investment fund is calculated as total portfolio value divided by number of fund shares. Accordingly, if the total portfolio value is 100.000 $ and the number of shares is 55.000, then the NAV would be 100.000 $/55.000 = 1,818 S. Now, suppose that you are a portfolio manager of a bond fund that has 20.000 fund shares outstanding. You consider 3 investments for your portfolio: (a) A T-bill that has a 194 day maturity with a face value of 10.000 $. (b) A zero-coupon bond that has a 10 year maturity with a face value of 100.000 $. (c) A bond that pays quarterly coupon payments with an annual coupon rate of 12%, a face value of 50.000 $ and a maturity of 5 years. You know that the annual market yields are 10%. If you invest them all right now, what would be the NAV of your fund at the time of investment? (1 year = 360 days)
- If a mutual fund's net asset value is $23.60 and the fund sells its shares for $25.30, what is the load fee as a percentage of the net asset value?The Closed Fund is a closed-end investment company with a portfolio currently worth $170 million. It has liabilities of $6 million and 9 million shares outstanding. Required: a. What is the NAV of the fund? b. If the fund sells for $20 per share, what is its premium or discount as a percent of net asset value?Suppose a mutal fund has total assets of $25500000 and liabilities of 2100000. Currently there are 10200000 shares outstanding. Determine the net asset value of the fund? Round to the nearest cent
- The Closed Fund is a closed-end investment company with a portfolio currently worth $200 million. It has liabilities of $3 million and 5 million shares outstanding.a. What is the NAV of the fund?b. If the fund sells for $36 per share, what is its premium or discount as a percent of net asset value?You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.97. Year 2018 Fund -16.4% Market -32.5% Risk-Free 3% 2019 25.1 20.3 4 2020 13.2 11.8 2 2021 2022 6.2 -1.68 8.0 -3.2 5 3 What are the Sharpe and Treynor ratios for the fund? Note: Do not round intermediate calculations. Round your answers to 4 decimal places. Sharpe ratio Treynor ratio 4The Closed Fund is a closed-end investment company with a portfolio currently worth $190 million. It has liabilities of $8 million and 10 million shares outstanding. a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV b. If the fund sells for $15 per share, what is its premium or discount as a percent of net asset value? (Input the amount as a positive value. Round your answer to 2 decimal places.) of %
- If a mutual fund's net asset value is $23.70 and the fund sells its shares for $25.30, what is the load fee as a percentage of the net asset value? Round your answer to two decimal places. %You have been given the following return information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.89. Year 2018 Fund -21.20% Market -40.50% Risk-Free 2% 2019 25.10 21.10 4 2020 14.00 14.20 2 2021 6.20 2022 -2.16 8.80 -5.20 4 3 Calculate Jensen's alpha for the fund, as well as its information ratio. Note: Do not round intermediate calculations. Enter the alpha as a percent rounded to 2 decimal places. Round the ratio to 4 decimal places. Jensen's alpha Information ratio %A mutual fund has assets of $50 million, liabilities of $150000 million and 1 million shares what is the net asset value(NAV) of the fund?Enter the answer to the nearest cent(two decimals)