At the end of 2009, the RBC Canadian Dividend Fund was the largest equity mutual fund in Canada. The aggregate market value of its holdings at the end of 2009 was $9.995 billion. The fund's annual returns in successive years from 2000 to 2009 inclusive were 28.3%, 4.4%, -0.5%, 23.5%, 12.9%, 21.1%, 15.1%, 3.0% - 27.0%, and 27.3% respectively. For the 3-year, 5-year, and 10-year periods ending December 31, 2009, what were the fund's equivalent annually compounded returns?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q14: What compound annual rate of return is
Q15: The Canadian Consumer Price Index (based on
Q16: According to Statistics Canada, undergraduate students paid
Q17: A four-year promissory note for $3800 plus
Q18: An investor's portfolio increased in value by
Q20: At the end of 2009, the Trans
Q21: In June of 2006, AIC Limited published
Q22: Searching a Mutual Fund Data Base Follow
Q23: Under what circumstance does the value calculated
Q24: Which investment scenario requires more time: "$1
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents