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The 1 0 - year annual average rate of return of the Standard and Poor's 5 0 0 Composite was 1 1 . 9 8

The 10-year annual average rate of return of the Standard and Poor's 500 Composite was 11.98% from January
1,2014 to December 31,2023. The 20-year average rate of return was 9.67% from January 1,2004 to
December 31,2023. Can you find at least 10 domestic stock mutual funds that have beaten the S&P 500 over
10 years and at least 5 domestic stock mutual funds that have beaten it over 20 years? The 30-year average
rate of return was 10.13% from January 1,1994 to December 31,2023. Can you find any domestic stock
mutual funds that have been in existence for 30 years or more and that have beaten the S&P 500 index over 30
years or more?
The 10-year returns will be easy to find. For the 20-year and 30-year returns, you will have to go to the mutual
fund company's own website to find their lifetime returns. Check out the six mutual fund companies in the
chapter 2 section of the class website or Canvas. There are many, many other companies that you could
research. Look for "lifetime results" or "results since inception" or "since inception." You might even have to
call them. Some mutual fund companies really do not want you to know their long-term results. As with our
previous assignments, we hope you have fun with this. It can be a bit frustrating at times but you just never
know where you will end up as you sniff through the various websites and call the various companies. Enjoy!
Who knows? You might find the mutual fund company that you will want to invest in for the next thirty to forty
years!
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