Amber invested in RBC Allocation Fund. The asset allocation strategy employed by the fund requires the fund manager to adjust the mix of asset classes to suit market conditions. Amber purchased 1,000 units of RBC at a price of $20 per unit at the beginning of the 2016 and paid a front-end load of 4%. The securities in which the fund invests are expected to increase in value by 12% during the year. The fund's expense ratio is 1.2% and the management fee is 0.7%. The fund had average daily assets of $2.2 billion at the beginning of the year and sold $400 million worth of shares and purchased $500 million shares during the year. 1) Solve Amber's rate of return on the fund if she were to sell her investment at the end of the 2016. 2) Calculate the turnover ratio of the fund. 3) Other administrative expenses paid by Amber?

Fund had a value of $32,000 on 1 April 2011. A net cash ow of $7.000 was received on 1 April 2012, a further net cash ow of $8,000 was received on 1 April 2013, and a further net cash ow of $12,000 was received on 1 April 2014. Immediately before receipt of the _rst net cash ow, the fund had a value of $35,000, immediately before receipt of the second net cash flow, the fund had a value of $45,000, and immediately before receipt of the third net cash ow, the fund had a value of $55,000. The value of the fund on 1 April 2015 was $65,000. The money weighted rate of return per annum for the same period is Select one: a. 4.22% O b. 6.19% O c. 3.17% O d. 5.16% e. 8.41%

In the prospectus for the Brazos Aggressive Growth fund, the fee table indicates that the fund has a 12b-1 fee of 0.35 percent and an expense ratio of 1.55 percent that is collected once a year on December 1. Joan and Don Norwood have shares valued at $116,250 on December 1. What is the amount of the 12b-1 fee this year? What is the amount they will pay for expenses this year? Note: For all requirements, round answers to 2 decimal places.

Edmonds Community College's (EDCC) scholarship fund received a gift of $325,000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5% interest, bonds pay 2.9% interest, and stocks pay 7.8% simple interest. To spread the risk the College has a policy of having 4 times as much money in CDs as in stocks and bonds combined. If the annual income from the investments is $9,365 , how much was invested in each vehicle? solve by the method of your choice either using reduced row echelon form or the matrix equation EDCC invested $ in stocks ___________________ $ in bonds ___________________ $ in CDs    ___________________