Tudor. Tudor, as sister brand of Rolex, was founded in London, UK in 1905, but moved it's operations to Geneva in 1919. At Global Watches we have an enviable reputation for finding watches for our discerning clients, so, if you donât find the watch of your dreams, get in touch with us, tell us what youâre looking and leave the rest to us.
SEC Yield. What is the 'SEC Yield'. The SEC yield is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC.
The Average Annual Return is a percentage figure used to report a historical return of a given period (most commonly 3-, 5-, 10-year). The most common area using this figure is mutual funds. The deceptive part of Average Annual Return is how it is calculated. It is simply (Sum of Annual Returns) / (# of Years). For example, to earn a 10% annual return, a fund could perform both of the following ways: 1  Return 1: (+10% + +10% + +10% + +15% + +5%) / 5 = 10% Average Annual Return. 2  Return 2: (40% + +30% + -10% + +5% + -15%) / 5 = 10% Average Annual Return.