Bubble in the desert

A blog I started whilst on a GE "Bubble" assignment in Nevada. I'm back in Cambridge (UK) now but still miss the desert and my friends out there.

Saturday, April 05, 2008

Manek Growth Fund - 5MG - 10 year chart

The way fund performances as reported is very misleading. Manek Growth has done very well over the last 5 years but lets take a look at how it has done over 10 years... From Morningstar.co.uk.

Now, that's not so rosy is it? £1,000 invested 10 years ago is worth about £1,000 today (this is an improvement though, at one time it was down to £300).


Post a Comment

<< Home