During the period between December 1, 2017 and June 1, 2018 the S&P 500 rose 3.1%. What is the Beta...

Question

During the period between December 1, 2017 and June 1, 2018 the S&P 500 rose 3.1%. What is the Beta for the
S&P 500 during this period?
Use the mutual fund screener in the following link below to choose any two mutual funds and give the names of
the funds and their cu
ent beta.
https:
finance.yahoo.com/screene
mutualfund/new/
Would you expect each fund you chose to be more or less volatile than the S&P 500? In percentage terms, how
much more or less volatile? Why? If you had a portfolio with 50% of each fund, what would your portfolio beta be?
https:
finance.yahoo.com/screene
mutualfund/new

During the period between December 1, 2017 and June 1, 2018 the S&P 500 rose 3.1%. What is the Beta for the
S&P 500 during this period?
Use the mutual fund screener in the following link below to choose any two mutual funds and give the names of
the funds and their cu
ent beta.
https:
finance.yahoo.com/screene
mutualfund/new/
Would you expect each fund you chose to be more or less volatile than the S&P 500? In percentage terms, how
much more or less volatile? Why? If you had a portfolio with 50% of each fund, what would your portfolio beta be?
https:
finance.yahoo.com/screene
mutualfund/new/

fina-315-assignment-0oifquvd-wrs4tfie.pdf fina-315-assignment-0oifquvd-zcp4lumu-a1d41ei2.pdf

Neenisha · Accepted Answer

Mutual Funds
Mutual Funds
We have chosen two mutual funds:
· Litman Gregory Masters Equity Fund Investor Class (MSENX)
· AIG International Dividend Strategy Fund (NAOIX)
Litman Gregory Masters Equity Fund Investor Class (MSENX)
The Litman Gregory Masters Equity fund is the Large Growth Fund. It was initiated in 2009. The net assets which are under management under this fund are $ 291.30 million. The fund belongs to family fund – “Litman Gregory Masters Fund.” The 80% of the assets are invested in equity and remaining in other investment options. Also, up to 50% of the assets are being allowed to invest in foreign equity. Some of the top holding companies of this fund include – Alphabet Inc. (3.62%), Amazon ( 3.30% ), Visa Inc. ( 3.13%), Netflix (2.56%), Alibaba Group (2.43%) etc. 
Considering the sectoral composition of the fund, major investment is in Financial services sector ( comprises of 24.19% of the total portfolio), then technology and consumer cyclical sector are the other two sectors with 2.59& investment in technology sector and 18.77% investment in consumer cyclical sector.  Other sectors include – Healthcare, consumer defense, energy sector etc. Majority of the investment is in United States Stocks, it comprises of more than 80% of the weightages in the fund and remaining is in Non US bases stocks. 
The return till date on the stock is 20.8% and the 3 year return is 11.5% while the 5 year return is 7.8%. 
	Litman Gregory Masters Equity Fund Investor Class – Measures if Risk
	Beta
	1.17
	Alpha
	-9.75%
	Sharpe Ratio
	0.20%
	R Squared
	96.77%
The above table indicated the risk measure of the fund. The Sharpe Ratio of the fund is
 0.20% which means that the fund earns 0.20% more than the risk free rate of 90 day treasury bills.

During the period between December 1, 2017 and June 1, 2018 the S&P 500 rose 3.1%. What is the Beta for the S&P 500 during this period? Use the mutual fund screener in the following link below to...

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