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Those are net of fees. They averaged over 30% annually over 5 years, net of fees. Investors with them since the beginning received a cumulative total return of
by fractionalhare 6y ago
Those are net of fees. They averaged over 30% annually over 5 years, net of fees. Investors with them since the beginning received a cumulative total return of nearly 400%. That puts you far ahead of SPY over the same time period.
And of course, the risk profile may be different. Equal returns can be more or less appealing depending on the risk profile.