Examples of Cumulative Return in a sentence
Date of Launching:February 14, 2018Nature of Fund:Open-end Equity FundNet Asset Value:1,036 million/-*Par Value per unit:Rs.10.00/-N.A.V. per unit:Rs. 10.0006/-*Listing:Pakistan Stock ExchangeBenchmarkKSE-30 Total Return Index* As of June 30, 2018 PERFORMANCE OF NFSF The Cumulative Return since inception up to June 30, 2018 is 0.02% against the benchmark return of -2.68%, hence outperformance of 2.70%.
Date of LaunchingJanuary 9, 2015Nature of FundShari’ah Compliant - Open-end – EquityFundNet Asset ValueRs. 1,274 Million/-*Par Value per unitRs.10.00/-N.A.V. per unitRs. 10.5310/-*ListingLahore Stock ExchangeBenchmarkKMI-30 index* As of September 30, 2015 PERFORMANCE OF NISF Cumulative Return since launch to September 30, 2015 is 7.7% against the benchmark return of 3.1% hence outperformance of 4.6% on Cumulative basis.
We estimate the cumulative monthly rates of return for the time periods January 2007 to February 2009 (Cumulative Return 2007-2009), the time period March 2009 to December 2011 (Cumulative Return 2009-2011) and the full sample period January 2007 to December 2011 period (Cumulative Return 2007-2011).
Since the Cumulative Return depends on the performance of each security, the GIC carries a higher level of risk than a traditional fixed-rate investment.
See Colorado Department of Corrections, Recidivism and Cumulative Return Rates: Calendar Year Releases from 1999 through 2005, on file with the author.