FredBloggs wrote:So, the improvement in performance at equal risk is 0.01%? I think Feynman might also conclude that an outperformance of that magnitude is just a experimental error within the underlying data.
.01%/week though so a little more significant over a year. The following rough maths is terribly short of significant figures, but I did to give myself an idea of the impact over a year:
The factsheet says that T class accumulator has returned an average of 19.5%/year, which I make to be .343% a week (19.5%^(1/52)).
An extra .01% gives .353%/week or .353%^52 vs .343%^52 /year to get average annual rates of return of 20.1% vs 19.5% if that extra performance had been added to the equity fund's historic performance.
I'm intrigued to see what product they'll offer and when.