Sorry DB but I was (back then) a Boutique Fund Manager which might help you understand better.NOoooo.............sorry not clear enough for you DB.
They averaged 64%+ PA (ie: each year) for more than a 5 year period ( period funds existed)
Most Industry Funds are a joke with their returns as I am sure most retail would agree. Blind Freddy could do better than 6-9% PA return !! and probably in just a single good week on the market.
Yak52
Yak52