Question 11 0 / 1 point Consider the Hatteras Mutual Fund. This fund had 100 assets under management at the 1st of January, and on the 1st of July new investors added another 20 to the fund. The assets under management increased to 104 at the 31st of December. The return of this portfolio was -21.9% during the first half year, and +6% during the second half year. What is the annualized money weighted return of this fund. Please select the closest answer -10% -5% 0% 5% 10% 15% Hide question 11 feedback The semi-annual money weighted return (irr) is -7.5%; the annual money weighted return is -14.5%.
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Weighted average return for the first half year = (100/120) * (-21.9%) = -18.25% Weighted average return for the second half year = (104/120) * (6%) = 5.2% Show more…
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