Problem sets
Problems
Every problem in the course. Solutions sit behind a deliberate step on each problem page.
to difficulty Check numeric answers checked on the page
18 shown
M06B Funds: mutual funds, ETFs and the asset-management business 18
- P1 Computing a NAV ★ Check
- P2 Stale-NAV arbitrage ★★ Check
- P3 Swing pricing ★★ Check
- P4 Fee drag on a lump sum ★ Check
- P5 Direct and regular SIPs ★★ Check
- P6 An AMC's operating leverage ★★ Check
- P7 The value of a SIP customer ★★ Check
- P8 Harmonic mean ★ Check
- P9 Lump sum or averaging? ★★ Check
- P10 Luck versus skill ★★★ Check
- P11 Berk–Green ★★★ Check
- P12 Tracking difference ★★ Check
- P13 An ETF's premium ★★ Check
- P14 ETF or index fund? ★ Check
- P15 A debt fund's NAV ★★ Check
- P16 A run on a debt fund ★★★ Check
- P17 Tax ★★ Check
- P18 Overlap and the active expense ratio ★★ Check