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AMEX Composite Index
The AMEX composite Index was introduced by the American Stock Exchange with a new ticker symbol, XAX, on January 2, 1997. The XAX is a market capitalization-weighted, price appreciation index, and replaces the AMEX Market Value Index (XAM) which, since its inception, has been calculated on a total return basis to include the reinvestment of dividends paid by AMEX companies. The AMEX Composite Index is more comparable with other major indices, which reflect only the price appreciation of their respective components.
Annualized Rate of Return
Annualized rate of return is defined as the average compounded annual return earned over a multi-year period.
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| Breaking News |
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| Hot Light Oil Penny Stock Pick |
| We performed a detailed analysis of all Canadian small cap or penny stocks listed on the North American stock markets ... Read More » |
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| Top Performing US Equity Mutual Fund – TD US Blue Chip Equity Mutual Fund |
| We performed a detailed review of thousands of mutual funds in an attempt to locate our top mutual fund picks. The TD US Blue Chip Equity Mutual Fund is one of our top us equity mutual fund picks. This mutual fund's Read More » |
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| 3 High Dividend Yield ETFs |
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| Top ETF Buy for your TFSA and RRSP |
The Claymore Natural Gas Commodity ETF (TSX:GAS), has been designed to track the performance of the benchmark NGX Canadian Natural Gas Index, less fees and expenses. The ETF will provide non-leveraged exposure to the Alberta natural gas market, by investing in physical natural gas forward contracts. The ETF ...
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