Revision Notes; Q19 section 1 (April 2018, Q2)

Discussion in 'SP5' started by MJK23, Apr 11, 2022.

  1. MJK23

    MJK23 Active Member

    Hi,
    Am struggling with the fund increase amounts in the solutions to this question. the performance in the first year was -1% for both Abacus and the Benchmark funds and this increases to 10% and 12% in year 3, respectively. Do you know how to get to the increases of 12.2% for Abacus and 18.6% for the benchmark funds?

    Thanks,
    M
     
  2. MJK23

    MJK23 Active Member

    That gives the right answer! I guess I should have seen the obvious but thanks very much!
     

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