|
Comparison
of the Investment Return of the Sequoia Fund
(from inception) vs. the Standard & Poor's 500 |
| Change for
the entire period:
|
19122.90%
|
4564.79%
|
| Average annual
total return: |
14.07% |
10.09% |
| Includes
dividends, and in the case of the Sequoia Fund, capital
gains distributions as if reinvested. |