The Holding Period Return for Mutual Funds Should Be Based

question 19

Multiple Choice

The holding period return for mutual funds should be based on

• A) net asset value exclusively.
• B) dividend income exclusively.
• C) capital gains distributions exclusively.
• D) capital gains distributions, dividends and change in net asset value.

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Definitions:

Drawer

In banking and finance, refers to the party that writes and signs a check or draft, instructing their bank to pay a specified sum to the named party.

Calendar Days

All days in a month or year, including working days, weekends, and public holidays, considered without exception.

Dishonored

Pertains to a financial instrument, such as a check or bill of exchange, that has been presented for payment and rejected.

Regulation CC

refers to a federal regulation in the United States encompassing the Expedited Funds Availability Act, dictating how quickly banks must make deposited funds available.