MSE 304 : Engineering Economy
PROJECT STATUS REPORT
For this project I shall be conducting an analysis for three different mutual funds. Over the course of this observation I shall be tracking the price per share values of three different mutual fund firms weekly. Many different factors will come into play to predict which firm will perform the best and analysis will be done for this. Characteristics such as sales load, operating fees, minimum balances and penalty fees will be analyzed for each firm. I will be picking 3 different firms that each performs differently and with contrasting price per share values in order for the observations to be diversified. The firms I will be observing are the ProFunds Biotechnology UltraSector Inv (BIPIX), Van Eck Intl Investors Gold C (IIGCX) and Fidelity Freedom 2030 (FFFEX). These firms were chosen based on their return performance and will be tracked weekly. I will conduct analysis using sample theoretical investments and I will also do a cash flow analysis to keep track of the investments. The tracked price per share values are shown below :
ProFunds Biotechnology UltraSector Inv (BIPIX) | Sept 13 2012 | 96.03 | Sept 20 2012 | 100.78 | Sept 27 2012 | 100.22 | Oct 4 2012 | 105.26 | Oct 11 2012 | 100.69 | Van Eck Intl Investors Gold C (IIGCX) | Sept 13 2012 | 18.24 | Sept 20 2012 | 18.94 | Sept 27 2012 | 18.72 | Oct 4 2012 | 18.97 | Oct 11 2012 | 18.35 | Fidelity Freedom 2030 (FFFEX) | Sept 13 2012 | 14.57 | Sept 20 2012 | 14.54 | Sept 27 2012 | 14.47 | Oct 4 2012 | 14.57 | Oct 11 2012 | 14.40