You pay $21,600 to the Laramie Fund which has a NAV of $18.00 per share at the beginning of the year.The fund deducted a front-end load of 4%.The securities in the fund increased in value by 10% during the year.The fund's expense ratio is 1.3% and is deducted from year end asset values.What is your rate of return on the fund if you sell your shares at the end of the year?

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The Answer of You pay $21,600 to the Laramie Fund which has a NAV of $18.00 per share at the beginning of the year.The fund deducted a front-end load of 4%.The securities in the fund increased in value by 10% during the year.The fund's expense ratio is 1.3% and is deducted from year end asset values.What is your rate of return on the fund if you sell your shares at the end of the year?

You Pay $21,600 to the Laramie Fund Which Has a NAV