Super funds have merged in recent years. Inflows continue. Fossil fuels have delivered positive returns, especially Whitehaven.
An exaggerated example. If they only held WHC, it was $2 in 2021 and $7 in 2023. The dollar amount should be 250% higher before net inflows. Add in super fund mergers and inflows, the WHC position could easily be 400% higher as returns would be compounded over 2021 to 2023.
Instead, the article says fossil fuels is only up 100%.
WHC Price at posting:
$7.94 Sentiment: None Disclosure: Held
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