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Index funds have gone nowhere in 21 years without dividends

https://www.etfstream.com/news/10671_index-funds-have-gone-nowhere-in-21-years-without-dividends/

Index funds have gone nowhere in 21 years without dividends

Index funds and ETFs that track the share markets of the major European economies – the UK, France, Germany – have now gone nowhere in 21 years if the effects of dividends are excluded.
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