At certain intervals, the ovaries release an ovum, which passes through the Fallopian tube into the uterus. If, in this transit, it meets with sperm, a single sperm can enter and merge with the egg, fertilizing it. Corresponding equivalent among males is the male reproductive system.
The Average Annual Return is a percentage figure used to report a historical return of a given period (most commonly 3-, 5-, 10-year). The most common area using this figure is mutual funds. The deceptive part of Average Annual Return is how it is calculated. It is simply (Sum of Annual Returns) / (# of Years). For example, to earn a 10% annual return, a fund could perform both of the following ways: 1  Return 1: (+10% + +10% + +10% + +15% + +5%) / 5 = 10% Average Annual Return. 2  Return 2: (40% + +30% + -10% + +5% + -15%) / 5 = 10% Average Annual Return.
The strong gains in 2013-14 mean the average balanced fund has returned an annual average of 9.3 per cent over the past three years. The average annual returns over the past five and 10 years are 9.8 per cent and 7 per cent respectively, against a typical fund's long-term target of between 6.5 per cent and 7 per cent.