quote:Originally posted by Paper Tiger
As for the track record for KFL, it appears to have outperformed the NZX50 since listing despite the NZX50 for 3/4 of that time being unrealistic in that it included the gross dividend income.
Not sure if it will make a difference but shouldn't you compare it to the small companies index, or atleast the midcap index.

Small and mid cap is where it invests and where a lot of small investors who buy unit trusts dont invest.

Or maybe a comparison with the Midnz index fund which I guess is its passive competitor. I was debating between these two when I decided to buy TPW instead. Just annoyed i didn't pick up POT at the same time.