2013年10月11日星期五

When Investment Fund Interest Rates are listed, is it shown as simple interest?

  • mutual fund rates
  • growth stock mutual fund rates
Like if a fund shows that over 10 years, it returns 10% per annum.


Does it mean it would exactly double with simple interest, or would that 10% be compounded?


None of them really say.

When Investment Fund Interest Rates are listed, is it shown as simple interest?

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