Netfin Acquisition is a newly incorporated blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Co. has not selected any specific business combination target and has not engaged in any substantive discussions with any business combination target with respect to an initial business combination. Co. will focus its search for targets in the fintech industry, including those engaged in commercial, online and mobile banking and payments, trade finance and telecommunications, that offer a technology platform for interfacing with the financial services sector. The NFIN average annual return since 2019 is shown above.
The Average Annual Return on the NFIN average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether NFIN average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NFIN average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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