The following graph shows how a notional $100,000 invested at the Fund's Inception (10 April 1998) has increased to $573,900 (net of fees excluding performance fees) as at 31 January 2010. After performance fees, the amount would be approximately $509,500. This compares very favourably with the return of the market, where a $100,000 investment would have increased to $260,000 over the same period. The returns exclude the benefits of imputation credits.
Tables 1 and 2 show the PVGF performance relative to the S&P/ASX 300 Accumulation Index for the period to 31 January 2010. Table 1 shows the performance on an annual basis and Table 2 shows the cumulative return.
-1.6%
27.0%
0.8%
8.0%
17.0%
15.9%
-1.0%
35.7%
-3.5%
6.6%
11.1%
8.4%
-0.6%
-8.7%
4.3%
1.4%
5.9%
7.5%
27.0%
2.5%
47.1%
200.3%
473.9%
35.7%
-10.1%
37.8%
108.9%
160.0%
-8.7%
12.6%
9.3%
91.4%
313.9%
Chart 1 shows holdings by sectors and Chart 2 shows holdings by market capitalisation as at
31 January 2010.
![Holdings by Sector [Pie Chart]](images/pvgf_pie_sector_jan10.gif)
![Holdings by Market Capitalisation [Pie Chart]](images/pvgf_pie_market_jan10.gif)