If Dividends Are Reinvested, the One Period HPR for a Fund

question 16

True/False

If dividends are reinvested, the one period HPR for a fund is [(Ending NAV × Shares Held at End of Period - Beginning NAV × Shares Held at Beginning of Period)] / (Beginning NAV × Shares Held at Beginning of Period).

---

Definitions:

Monocular Cues

Visual information that allows for the perception of depth and distance using one eye.

Sense Of Depth

The capability to see the environment in three dimensions and gauge an object's distance.

Paint A Picture

A metaphorical expression used to describe the act of vividly depicting a scenario or detailing a situation.

Gestalt Theory

A psychological approach stating that the human mind perceives objects as whole rather than as a sum of its parts.