Calculate the Annual Returns on Each of the Following Managed $\begin{array}{cc}\text { Unit price at start of year } & \$ 3.40 \\\text { Unit price at end of year } & \$ 4.10\end{array}$

question 20

Essay

Calculate the annual returns on each of the following managed funds (using only the information provided):
(a)
Amoeba Special Situations Fund:
$\begin{array}{cc}\text { Unit price at start of year } & \$ 3.40 \\\text { Unit price at end of year } & \$ 4.10\end{array}$
(b)
Broadchurch Trading Fund:
$\begin{array}{ll}\quad \text { Market value at start of year } & \$ 112 \text { million } \\\text { Market value at end of year } & \$ 144 \text { million } \\\text { Distributions } & \$ 5 \text { million } \\\text { Contributions received during year } &\$ 21 \text { million }\end{array}$

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Definitions:

Avoidant

A term often used to describe a pattern of behavior characterized by a desire to avoid certain situations, tasks, or interactions due to fear, anxiety, or perceived negative outcomes.

Rouge Test

A self-recognition test typically used on toddlers, where a mark is placed on the forehead and the child's reaction to its reflection is observed to assess self-awareness.

Awareness of Themselves

The condition in which an individual recognizes their own existence and characteristics.

Ainsworth's Study

Research conducted by Mary Ainsworth that classified types of child attachment into secure, avoidant, and ambivalent categories through the Strange Situation Procedure.