Putting him on path to become the world’s richest person. Of course one investor who has been there during the entire history of Amazon stock is Jeff Bezos. One thousand dollars invested at the closing price on Amazon's IPO day would be worth over nearly half a million dollars 20 years later. That's 490 times its split-adjusted stock price.įew investors could have foreseen that it would gain about 50,000% in the two decades after its initial public offering. On the 20th anniversary of the IPO Amazon stock closed at $961.35, giving the company a market value of about $466.2 billion. But each time Amazon bounced back, hitting all all time highs and continues on its seemingly unstoppable rise. In 2016, the stock price again had some significant drops during the year due to disappointing earnings results. Despite a positive growth period, Amazon stock had another blip during the 2008 crash, losing 60% year over year. Despite recovering in the next few years and getting back to a stock price of over $50 the stock crashed back again down to $26.07 in 2006.
The stock suffered a 94% drop after the $106.69 high in December 1999, crashing to a low of $5.97 in January 2001. Amazon stock first broke $100 dollars in 1999 but after the the tech bubble burst the stock price did not reach triple figures again until 10 years later. There was one more stock split for Amazon stock that year, as 2-1 stock split on September 2nd.Īlthough Amazon is a juggernaut of a stock now. Amazon’s next stock split was a 3-1 split on January 5th, 1999. When it comes to Amazon’s stock split history, the first stock split occurred on the 2nd of June 1998. Taking the split-adjusted close of $1.96, the stock price has multiplied almost 500 times since. On IPO day the stock price rose and closed at $23.50 putting the company at a value of $560 million. Standard deviation is a measure of volatility it shows how broadly the Fund's returns have varied over a given time period.Amazon IPO’d on May 15, 1997, trading on the NASDAQ under the symbol of AMZN at a price of $18 a share. R 2 is a measurement out of 100 that shows the extent to which a portfolio’s movements can be explained by the benchmark's movements. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.Ĭompound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. The indicated rates of return are the historical annual compounded total returns including changes in units value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Please read the prospectus before investing. The benchmark used for analytics for this fund is 50% ICE BofA High Yield Canadian Issuers Index (C$ Hedged) / 50% ICE BofA US High Yield Master II Index (C$ Hedged).Ĭommissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations.
Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. This monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.Ĥ MER For the period ended June 30, 2021.ĥ. Excludes Cash, Short-Term Investments, Derivatives & Other Net Assetsģ. Excludes Cash, Short-Term Investments, Derivatives & Other Net AssetsĢ.
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Series G only available to residents of non-HST provinces and territories.ġ. Not available for purchases, switches out only.ī.
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