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LOS b: Explain how portfolio return can be decomposed into yield, capital gains in local currency, and currency contribution.
Q1. The following information was compiled for XYZ global fund:
|
Sector |
Value - millions
(In USD) Not including dividends |
Dividends
(In USD) |
Currency Value
(versus 1 USD) |
|
|
7/1/03 |
9/30/03 |
(millions) |
7/1/2003 |
9/30/2003 |
|
US equity |
$ 200.00 |
$ 195.00 |
$ 5.00 |
1.00 |
1.00 |
|
European Equity |
$ 200.00 |
$ 205.00 |
$ 2.00 |
0.98 |
0.92 |
|
Japanese Equity |
$ 100.00 |
$ 109.00 |
$ 3.00 |
102 |
110 |
What is the portfolio capital gains yield in US dollars?
A) 1.80%.
B) 2.25%.
C) 9.00%.
Q2. What is the portfolio dividend yield in US dollar?
A) 2.00%.
B) 2.25%.
C) 5.00%. | 
发表于 2009-4-10 15:11
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