MFI Fund Price per Share

For a little bit of entertainment, and because I apparently am very anal when it comes to tracking performance, I set up a calculation of what the price per share would be if my portfolio was a fund...not exactly the same as a fund though. Dividends and capital gains are not distributed (which would approximate a fund in which everyone reinvests dividends and capital gains) and there are no expenses charged. I'm then comparing it to the S&P 500 (which I'm still not sure if it reflects dividends reinvested. I think it does, but I'm not sure. Does anyone know?). If the S&P 500 includes reinvested dividends, and since it doesn't include any expenses, it's a fairly good measure.

So, price at inception for my MFI fund = $42.97 (I took an arbitrary # of shs outstanding, which I won't reveal here). Date of inception was 3/6/06. S&P 500 on that date was $1,278.26.

MFI price at close 6/11/07 = $53.93. 25.52% since inception.
S&P 500 6/11/07 = $1,509.12, 18.06% since 3/6/06.

Now, of course, entry date makes all the difference. At some point soon, for the heck of it, I'll show monthly closes.

I'm showing all this because if there are people out there like me, they're looking to see if people are having success with the MFI method. So far, at least, the answer is a resounding yes. Not far enough along to be "scientific" yet, but at least it's a start.

-A