For the five-year period ended June 30, 2009, the Desjardins Environment Fund had one of the best performances of all diversified Canadian equity funds. It effectively earned a compound annual return of 9.5% compared to the average of 4.4% for 287 diversified Canadian equity funds with a five-year history. How much more would an initial $1000 investment in the Desjardins Environment Fund have earned over the five-year period than a $1000 investment in a fund earning the average rate of return?

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The Answer of For the five-year period ended June 30, 2009, the Desjardins Environment Fund had one of the best performances of all diversified Canadian equity funds. It effectively earned a compound annual return of 9.5% compared to the average of 4.4% for 287 diversified Canadian equity funds with a five-year history. How much more would an initial $1000 investment in the Desjardins Environment Fund have earned over the five-year period than a $1000 investment in a fund earning the average rate of return?

For the Five-Year Period Ended June 30, 2009, the Desjardins