no, the bet is that SUM will grow much quicker than RYM over the next 5 years, not that it will be bigger than RYM in 5 years! :cool:
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no, the bet is that SUM will grow much quicker than RYM over the next 5 years, not that it will be bigger than RYM in 5 years! :cool:
Last 3 years sp: SUM ahead; MET not far behind; RYM below the NZX50 performance. Chart courtesy of the FT.com site.
Attachment 8229
That chart looks funny. They don't all start from the same point, so not really a valid comparison :)
They start together at 0% at the XY origin at the end 1/3 of the graph. Overall it is just zoomed out a little to get the grand scheme of things :)
which means that its not actually comparing performance over the last three years as stated, then :)
FWIW
Last 2 years they returned as follows:
RYM +23.11%
MET +37.15%
SUM +86.83%
5 year comparison
MET +193.50%
RYM +264.09%
SUM +281.88%
discl. obviously happy as I hold all 3