Using the internet, find a mutual fund company (Fidelity, Vanguard, and T Rowe P
ID: 2761320 • Letter: U
Question
Using the internet, find a mutual fund company (Fidelity, Vanguard, and T Rowe Price are examples with fairly easy to navigate websites). Search through the available funds until you find one that you might be interested in investing in at some point in the future. Answer the following questions:
1. What is the name and trading symbol of your fund (the trading symbol will be 4 or 5 letters)?
2. What is the expense ratio?
3. What is the 3-year return?
4. What is the NAV of the fund?
5. What is the fund category (such as large stock, small stock, bond, global, etc.)?
6. What is the minimum initial investment required for the fund?
7. List 5 of the fund’s top holdings.
Explanation / Answer
Solution:
The best mutual fund for investment would be according to my perception is FIDELITY .Because of the following reasons:
The name and trading symbol the fund is FLPSX - LOW PRICED STOCK FUND
The expense ratio both gross and net = 0.79%
The 3 year return of this mutual fund is = 9.57%
The NAV of the fund = $ 47.36
Thank you.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.