For example for the beginning Jan 06 it's 22.67 for the closing price and the beginning Jan 05 it's 18.87. I thought the calculation would be (18.87 - 22.67) / 22.67. But am getting a negative, not sure if thats right....can anyone help??
2006-11-08 04:32:04 · 3 answers · asked by dkcasad 2 in Business & Finance ➔ Personal Finance
When calculating increase/decrease you put the base year (the year you are comparing to) in the denominator. So Jen is right IF there were no distributions.
But you also have to factor in any dividends or capital gains distributions. You can't just go by the beginning and ending prices.
The easy way to get the annual return is to contact the mutual fund itself and request information or go to their website. Not only is this easier, but it gives you the opportunity to compare the returns of the fund you are interested in to many other funds.
2006-11-10 00:05:08 · answer #1 · answered by norma 2 · 2⤊ 0⤋
Just swap the numbers:
(later price - earlier price) / earlier price
(22.67 - 18.87) / 18.87 = 20% return for Jan 05 - Jan 06
2006-11-08 06:18:34 · answer #2 · answered by zmj 4 · 0⤊ 0⤋
Go to Yahoo finance and look up the fund. The go to the fund page and look up historical data.
2006-11-08 07:07:44 · answer #3 · answered by waggy_33 6 · 0⤊ 0⤋