Mutual Funds
Respond to the following prompt and scenario:
Differentiate between open-end and closed-end mutual funds. (Your response should be 1 – 2 paragraphs.)
Now imagine that you bought a mutual fund that had a beginning NAV of $10 per share. It paid dividends of $0.50 and distributed capital gains of $0.75. After one year, the ending NAV is $9.50.What is your total return? (Do the math using MS Excel or the tables tool in MS Word to make your calculations and show all of your work. )
You must cite your sources. Be sure to respond in a business-like manner using proper spelling, grammar and sentence structure.
Mutual Funds Discussion
Discussion Forum Prompt
Post your answer to the questions below. Postings should be at least 1 – 2 complete paragraphs including in-depth content that demonstrates knowledge of the subject matter. Be sure to use correct grammar and spelling.
Research mutual funds and choose a fund in which you might like to invest.
Identify this fund and explain why you are interested.
Be sure to address such issues as past returns, expected future returns, the amount of fees and expenses, and why its investment objectives are attractive to you.
