The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 330,00

Feb 3rd, 2012
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The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 330,000 $30 B 430,000 35 C 530,000 15 D 730,000 20 If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 200,000 shares of stock E at $40 per share and 200,000 shares of stock F at $33 per share, what is the portfolio turnover rate?

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