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Cindy received a T3 tax slip from her mutual fund company for the fund she held...
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Cindy received a T3 tax slip from her mutual fund company for the fund she held for the past year. The slip showed capital gains of $750, dividends of $150 and interest of $100 were all paid to her during the year. The fund avoids market timing and significant capital gains that were earned by the fund were retained within the fund, which resulted in the net asset value per share (NAVPS) increasing by $2.00 over the purchase price of $15 during the year. Cindy holds 1,000 units of the fund. The total return to Cindy for holding the fund during the year is:
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