if we do a comparison of the sp for PGF we find over a 10 year...

if we do a comparison of the sp for PGF we find over a 10 year period it's risen 80.3%.

(I have risen 98% - the different dunno don't care maybe timing)

over 10 years IVV has risen 131%. so IVV ETF has outperformed on a capital appreciation basis.

however PGF are currently yielding 5.6% not including franking, and that yield is pretty safe for a year. it's always yielded a lot but years and years ago they groaned but being under NTA. so in super we are getting back ~9%

IVV yields 1-1% unfranked.

it's going to be an uphill battle to convince PGF retirees that they are better off in an index.