Bill Miller Beats S&P 500 for 15th Consecutive Year

This is somewhat old news, but still newsworthy: Bill Miller’s Legg Mason Value Trust Fund has beaten the S&P500 for the 15th consecutive year. Canadian investors can invest in this fund through the CI Value Trust fund.

It is interesting that in the past two and a half years, he hasn’t been able to beat the S&P 500 Equal-Weight Index (^SPXEW) (as tracked by the Rydex Equal-Weight S&P 500 ETF (RSP)). This plot goes back a bit further. You can see that Legg Mason Value Trust has only beaten the S&P 500 Equal-Weight Index (^SPXEW) in the last 6 months. In 2005, 2004, and the portion of 2003 (the index’s year of inception), ^SPXEW has beaten Bill Miller’s Fund.

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3 thoughts on “Bill Miller Beats S&P 500 for 15th Consecutive Year

  1. That’s true, I had forgot about the MER, so yes, it is even more of an accomplishment. Too bad he hasn’t beaten RSP as well!

  2. Pingback: Investing Intelligently » Blog Archive » Non-Market Cap Weighted Indexes: The Next Big Thing

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