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stupid question, but when it lists 5 year return at 10.7%, does that mean it returned on average 10 % per year for 5 years? So if someone started with 100k, th
by hackeranswer 11y ago
stupid question, but when it lists 5 year return at 10.7%, does that mean it returned on average 10 % per year for 5 years? So if someone started with 100k, they would now have about 160,000?
- jonknee 11y agoCorrect, annual is the normal way of talking about it. If you see "total return" that would mean cumulative.