The following table shows the rates of total return in successive years from 2004 to 2008 for the Sprott Canadian Equity Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By how much did the mutual fund€™s overall percentage return exceed or fall short of the Index€™s growth?

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Rate of total return (%) Fund name Sprott Canadian Equity Fund S&PITSX Composite Total Return Index 2004 2005 2006 2007 2008 37.913.2 39.6 13.8 43.7 14.5 24.1 17.3 9.8 33.0