2020 Target Distribution Rates - TD Asset Management

Rates of Return of Broker-Sold and Direct-Sold Mutual Funds 7 The resulting estimate of alpha is in monthly terms, because the returns for the fund and benchmark were monthly returns. An annual alpha was calculated using the following equation. 4. 𝛼𝐴= (1+π‘Ÿπ‘š)12βˆ’(1+π‘Ÿπ‘šβˆ’π›Όπ‘š)12. where . π‘Ÿ. π‘š = Average monthly fund ... ................
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