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By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, Reece Limited (ASX:REH) shareholders have seen the share price rise 89% over three years, well in excess of the market return (38%, not including dividends).
The past week has proven to be lucrative for Reece investors, so let's see if fundamentals drove the company's three-year performance....
>>> Read more: Reece (ASX:REH) stock performs better than its underlying earnings growth over last three years
The past week has proven to be lucrative for Reece investors, so let's see if fundamentals drove the company's three-year performance....
>>> Read more: Reece (ASX:REH) stock performs better than its underlying earnings growth over last three years
