Average annual total return

[edit] Average annual total return (geometric)
US mutual funds are to compute average annual total return as prescribed by the U.S.

In calculating after-tax returns, mutual funds must use standardized formulas similar to the ones used to calculate before-tax average annual total returns.

policies on borrowing and concentration, the identity of officers, directors, and persons who control the fund, investment advisory and other services, brokerage commissions, tax matters, and performance such as yield and average annual total return ...

See also: Long, Mutual Fund, Shares, Market, Offer