Question

In: Finance

In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of...

In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison.

1 2 3 4 5
Fund −1.4 +23.2 +41.1 +10.1 +0.5
Market index −0.6 +18.0 +30.6 +11.4 −0.4

a. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Did Ms. Sauros do better or worse than the market index on these measures?

Solutions

Expert Solution


Related Solutions

In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of...
In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 1 2 3 4 5 Fund −1.4 +23.2 +41.1 +10.1 +0.5 Market index −0.6 +18.0 +30.6 +11.4 −0.4 a. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your...
n a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of...
n a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 1 2 3 4 5 Fund −1.2 +23.4 +41.3 +10.3 +0.3 Market index −0.8 +15.0 +30.8 +11.6 −0.6 a. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 2011 2012 2013 2014 2015 Fund ?1.4 +24.3 +40.3 +11.3 +0.5 Market index ?0.8 +15.0 +31.3 +10.6 ?0.6 Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 2011 2012 2013 2014 2015 Fund −1.3 +25.0 +41.0 +12.0 +0.4 Market index −1.0 +17.0 +32.0 +11.3 −0.8 Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 2011 2012 2013 2014 2015 Fund −1.3 +24.2 +40.2 +11.2 +0.4 Market index −0.7 +14.0 +31.2 +10.5 −0.5 Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each.
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the...
In 2011-2015, mutual fund manager, Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. 2011 2012 2013 2014 2015 Fund −1.5 +23.7 +41.6 +10.6 +0.6 Market index −0.6 +18.0 +31.1 +11.9 −0.4 Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal...
In a recent 5-year period, mutual fund manager Goldie Touch produced the following percentage rates of...
In a recent 5-year period, mutual fund manager Goldie Touch produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison. Calculate: the average return on both the fund and the index the standard deviation of the returns on each. Did Ms. Goldie Touch do better or worse than the market index on these measures?    1 2 3 4 5 Fund -1.2 +24.8 +40.7 +11.1 +0.3 Market Index -0.9...
For a recent 10-year period, a mutual fund company reported performance (average annual return) for two...
For a recent 10-year period, a mutual fund company reported performance (average annual return) for two of its funds as follows:    FUND AVERAGE RETURN Equity-Income Fund 10.50 percent Personal Strategy Growth Fund 9.50 percent Assume you invested $10,000 in each fund at the beginning of this 10-year period. (a) How much difference would there be in the ending wealth (after 10 years) between the two funds? (b) For the same two funds, the ending wealth after five years was...
For a recent 10-year period, a mutual fund company reported performance (average annual return) for two...
For a recent 10-year period, a mutual fund company reported performance (average annual return) for two of its funds as follows: Fund Average Return Equity-Income Fund 10.50 percent Personal Strategy Growth Fund 9.50 percent Assume you invested $10,000 in each fund at the beginning of this 10-year period. (a) How much difference would there be in the ending wealth (after 10 years) between the two funds? (b) For the same two funds, the ending wealth after five years was $1.45...
Rates of return on 24 mutual funds are shown. Fund 12-Mo. 5-Year 1 7.9 4.0 2...
Rates of return on 24 mutual funds are shown. Fund 12-Mo. 5-Year 1 7.9 4.0 2 2.9 3.4 3 14.2 7.9 4 5.5 9.8 5 5.1 6.9 6 10.2 12.1 7 3.7 7.8 8 7.8 11.4 9 10.4 15.1 10 12.6 5.5 11 10.0 9.4 12 13.4 2.7 13 -0.7 12.2 14 5.3 4.8 15 21.1 13.2 16 11.7 4.7 17 -1.8 6.4 18 -2.7 -2.7 19 13.7 8.3 20 11.2 8.5 21 8.9 5.0 22 0.9 6.2 23 1.2...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT