The Following Table Presents the Rates of Total Return in Successive

question 141

Short Answer

The following table presents the rates of total return in successive years from 2008 to 2012 for the Ethical Growth Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By how much did the mutual fund's overall percentage return exceed or fall short of the Index's growth?

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Definitions:

Gross Private Domestic Investment

The total spending on capital goods by private businesses and households within a country's economy, not including expenditures by the government.

Capital

Refers to financial assets or the financial value of assets, such as machinery and buildings, used in producing goods and services.

Net Exports

The value of a country's total exports minus its total imports, indicating whether a country has a trade surplus or deficit.

Gross Investment

Total amount of investment in an economy, including investments in new capital assets and replacement of depreciated assets.