S&P 500 Jan 27, 2016 – January 31, 2020 +71.51% return
Non-compounded rate of return (investment gains are withdrawn out of fund after each holding period and not reinvested in the subsequent investment period).
Accumulative gross fund returns ’16-’20 +143.7%.
Excluding dividend payments to fund investors.
Excluding fund fees.
Compounded gross fund returns without redemptions +207.1%.
Fund results actual, pre-inc, and unaudited. Investment results may vary from year to year depending on market conditions.