10 years performance

Annual returns
The table below shows the annual returns for the last 3 years compared to the benchmark set by the Trustee. This was the WM 'median' return until end 2000 and a 'scheme specific' one since.

2001

2002

2003

Annual returns

-11.3%

-13.6%

13.5%

WM All Funds Universe/Scheme specific

-10.8%

-12.6%

14.4%

Details of the Scheme specific benchmark are set out in the Statement of Investment Principles.

Annualised returns
The annualised returns for the last 3, 5 and 10 years have been

3 years

5 years

10 years

Annualised returns to 31.12.2003

-4.5%pa

0.8%pa

5.2%pa