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Contemporary Business 14th Edition by Louis Boone, David Kurtz
Edition 14ISBN: 9780470531297Contemporary Business 14th Edition by Louis Boone, David Kurtz
Edition 14ISBN: 9780470531297 Exercise 6
Assume you're investing money for retirement. Specify several investment criteria you believe are most important. Go to the MSN Money Web Site (http://moneycentral.msn.com). Click "Fund Research" (under "Investing"), then choose either "Find top performers by category" or "Find using Easy Screener." Identify at least three mutual funds that most closely meet your criteria. Choose one of the funds and research it. Answer the following questions:
a. What was the fund's average annual return for the past five years?
b. How well did the fund perform relative to its peer group and relative to an index such as the Standard & Poor's 500?
c. What are the fund's ten largest holdings?
a. What was the fund's average annual return for the past five years?
b. How well did the fund perform relative to its peer group and relative to an index such as the Standard & Poor's 500?
c. What are the fund's ten largest holdings?
Explanation
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Contemporary Business 14th Edition by Louis Boone, David Kurtz
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