Sunday 18 January 2015

STI ETF CAGR???














When Uncle8888 looked at STI ETF fund performance CAGR number and STI ETF chart; he has serious trouble to correlate the two diagrams visually for 8% CAGR over 10 years.


We are saying that beautiful lady is 36-24-36; but at another angle she looked rather flat like airport. Strange!


Anyone expert help to explain? 





5 comments:

  1. I think the 1 3 5 and 10 years are sitting in a pretty sweet spot right now since they are almost at the bottom back then.

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  2. Fund performance always only show the best. Hide the rest.

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  3. I guess because STI also gives out 2.5-3% dividends which can't be seen from the chart?

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  4. CW,

    When I was briefly a "unofficial" Navigator (hated that role), I learnt what it meant when we say "Never trust a statistics we didn't manipulated ourselves."

    That's why I hate powerpoint presentations now - after the amount of BS I dished out. By changing the scale and which data point I decide as index 100, I can make numbers look better or poorer than they really are...

    LOL!


    http://singaporemanofleisure.blogspot.sg/2011/06/lies-damn-lies-and-statistics.html

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