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One Year Ago, Christos Bought 1,000 Units of the Dominion

Question 263

Short Answer

One year ago, Christos bought 1,000 units of the Dominion Aggressive Growth Fund at $20.35 per unit. Today a unit's value is $19.10. During the year, the fund made a distribution of $0.40 per unit. On this investment, what is Christo's:
a) Income yield?
b) Capital gain yield?
c) Total return in dollars?
d) Rate of total return?

Correct Answer:

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a) 1.97%, ...

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