© Reuters. $1000 Invested In CATCo Reinsurance Opportunities Fund Ltd 15 Years Ago Would Be Worth This Much Today
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
CATCo Reinsurance Opportunities Fund Ltd (NYSE:CAT) has outperformed the market over the past 15 years by 4.98% on an annualized basis producing an average annual return of 18.57%. Currently, CATCo Reinsurance Opportunities Fund Ltd has a market capitalization of $170.84 billion.
Buying $1000 In CAT: If an investor had bought $1000 of CAT stock 15 years ago, it would be worth $12,700.52 today based on a price of $342.11 for CAT at the time of writing.
CATCo Reinsurance Opportunities Fund Ltd’s Performance Over Last 15 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Read the full article here