I see what you mean! I’m (counter-intuitively) benchmarking it against the S&P 500 because that is the top “mainstream” index had the highest growth. I’m looking for companies, both in the UK and US that can beat that index. I thought maybe RB had potential in this changed world, but I’m not sure.
The trouble with the FTSE 100 is (and benchmarking growth against it), it’s not really a “growth” index.
- Between 2000-2019, UK share prices had lost on average 0.9% a year after inflation (Credit Suisse Global Returns Yearbook, Dimson, Marsh and Staunton).
- The positive real total return of 2.7% a year relied on dividends being received and reinvested.
- Dividends going away due to Covid-19 means the FTSE 100 is not in great shape.
Anyone thoughts on growth companies that can beat the S&P 500?