Ms Yong Invested $16,800 in a Canadian Equity Mutual Fund

question 123

Short Answer

Ms. Yong invested $16,800 in a Canadian equity mutual fund, $25,600 in a U.S. equity mutual fund, and $31,000 in a global fund that holds a variety of foreign securities. If in the subsequent 6 months, the value of the units in the Canadian fund dropped by 4.3%, the U.S. fund declined by 1.1%, and the global fund rose by 8.2%, what was the overall rate of return on Ms. Yong's mutual fund portfolio for the 6-month holding period?

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Definitions:

Gray Matter

Nervous system tissue made up of neuron cell bodies, dendrites, and unmyelinated axons, found in the brain and spinal cord, crucial for processing information.

Columns

In anatomical terms, columns refer to structures shaped like pillars, often found in the spinal cord, which consist of white matter that carries nerve impulses to and from the brain.

Dorsal Root

The part of a spinal nerve that enters the dorsal side of the spinal cord, carrying sensory information from the body to the central nervous system.

Ganglion

A structure containing a number of nerve cell bodies, typically linked by synapses, and often forming a swelling on a nerve fiber.