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Performance
At IRG we believe in delivering superior performance to the market - and most of our fees depend on that! Fortunately, we* have shown a consistent ability so far of beating the market.
* The Investment Report and Yield Report are services previously provided by Investment Research Group Ltd, and are currently still branded as McEwens products.
McEwen Investment Report 2001 - Present
Since December, 2001, we have studied both the New Zealand and Australian markets. Our results are:
New Zealand Watchlist
NZSX10 Capital Index
Australian Watchlist
ASX All Ords Capital Index
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37.08%
-14.32%
39.37%
6.53%
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McEwen Investment Report 1998 - 2001
The results from each issue have been averaged and the capital investment has been weighted according to how long it would have been invested.
Capital is deducted to show the net return and this is compared with the return from the NZX50 Capital Index over the same period.
An investor putting in $1,000 a week since McEwen Investment Report began in July 1998 would have invested $170,000. By November 2001, that would have grown into $207,208 while the same investment in the NZX50 index would be worth just $172,981.
On a weighted capital basis, MIR recommended shares would have produced a compound annual return of 11.01% against the NZX's 0.99%.
This is based on covering the entire New Zealand market. Of those companies that meet MIR criteria, identified in November 1999, the average compound annual return has been 16.16%.
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