If a mutual fund NAV Is 50 and its expense ratio is 2% what are the total expenses per share?

Related MCQs

• You invested 1,000 in a mutual fund with a 4% load when NAV was 20 per share. If you sell your shares at a NAV of 20 per share, what is the return of your investment?
• How much money would you need to purchase 400 shares of a mutual fund with a NAV of $55 per share and a 3% load?
• A mutual fund has a beginning balance of 100 million earns interest of 10 million, receives dividends of 15 million, and has expenses of 5 million. If 10 million shares are outstanding, what is the NAV?
• The amount by which a close-ended fund's share price in the secondary market is above the fund's NAV is called the
• To calculate the NAV, the market value of the portfolio liabilities is the dividend by the ______ to arrive at a per-share basis.
• ________ is a method of investing in mutual funds wherein an investor chooses a mutual fund scheme and invests a the fixed amount of his choice at fixed intervals.
• ……………….. ratio is the percentage of total assets that are spent to run a mutual fund
• ………….. ratio is the percentage of total assets that are spent to run a mutual fund.
• The component of the expense ratio that includes a fee charged by some mutual funds to pay brokers is
• NAV is declared everyday by deducting ……………. expenses