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Ms. Yong invested a total of $73,400 in three mutual funds as shown in the table below. The third ...

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Ms. Yong invested a total of $73,400 in three mutual funds as shown in the table below. The third ...

Ms. Yong invested a total of $73,400 in three mutual funds as shown in the table below. The third column shows the change in value of each fund during the subsequent six months.

Mutual Fund	Amount Invested ($)	Change in Value (%)
Canadian equity fund	16,800	-4.3
US equity fund	25,600	-1.1
Global equity fund	31,000	8.2

What was the percent change in value of Ms. Yong's overall mutual fund portfolio during the six-month holding period? (Round to the nearest 0.01%)

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Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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