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"Satellites were a valuable part of any portfolio, returning an impressive 133% in 1999 and handily beating the broader market indices," Kidd said.
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(For the record, this portfolio returned just 1percentt in 1999).
This portfolio returns at a higher rate with less risk using the simple concept of diversification.
The portfolio returned £1.1bn or 6.1% in the year to 30 September 2015, despite a difficult market backdrop.
The portfolio returns assumed reinvestment of dividends and capital gains and included portfolio expenses, but excluded sales charges, enrollment fees and taxes.
A back-tested clone portfolio returned an average of 12.8% a year over nearly 20 years compared with 14.2% for the typical hedge fund.
That portfolio returned 36.7% last year, according to Morningstar.
This measures how much the fund's portfolio returned relative to its volatility.
The average portfolio returned 0.5% a year over the five years to Mar.
Her NoLoad Fund*X mutual fund model portfolio returned more than 17% a year since 1996.
From its inception through 2007, the portfolio returned about 67%, about double the S&P 500′s 32.4% return.
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CEO of Professional Science Editing for Scientists @ prosciediting.com