Most investors have probably never heard of the R-Squared Growth Rate. And even fewer know what it means. (Ten years ago, you could count me as one of them.) But, now I do. I want you to know too. So ...
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What is R-squared in a mutual fund factsheet? How is it related to the mutual fund’s performance?
Let's understand what is R-Squared in a mutual fund factsheet. 1. R-squared is a statistical measure that indicates how closely a mutual fund’s performance correlates with a benchmark index. 2. The ...
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