Re: Yields

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In Reply to: Re: Yields posted by Peter Petula on April 16, 1999 at 23:36:13:

: : : Dear Mark,

: : : what type of yield should I use in a custom Report to get the yield of an investment fund for which I had to pay the load percentage plus transfer fees ? All yield calculations I have tried so far calculate based on the NAV when buying. So for instance I have bought shares @ 69.85 for a total of 74.45, the current price is 70.25 but the yields shows plus 23.75 % I would like to calculate the yield from buying day until today. Any suggestions ?

: : : Best regards

: : : Peter

: : Hi Peter,
: : I didn't quite follow your example, but in
: : general you would use ROI yields. FP yields
: : only calculate the yield, based on the share
: : price/distributions. ROI yields include your
: : transactions. ROI yields do use your purchase/sell
: : price when incorporating your transactions, as
: : that is the price you paid. Another thing to note
: : is that all yields are annualized, so if you're
: : looking at a short time period, the yields may
: : seem bigger/smaller, due to extrapolation to a year.

: : Thanks,
: : Mark
: : --
: : Mark Beiley
: :
: : Fund Manager for Windows 3.1x/95/98/NT
: :
: :

: Hi Mark,

: my intent ist to take the total aquisition cost (i.e shareprice + load + fees) as a basis for yield annualized calculation. As lond as this gross price plus distributions is higher than the latest share price I would expect to get a negative yield. But this ist not the case in all combinations I have tried so far. The reason why I want to calculate the yield this way is that I like to take all cost into consideration which are associated with a particular investment at purchase time.

: Best regards,

: Peter

Sorry, I just noticed an error in my previous message. The second sentence should read: As long as this gross price is higher than the latest share price (including distributions, if any)I would expect to get a negative yield. If required for examination, I could send you a copy of the .dat file of the investment.

Peter

Replies:

• Re: Yields Mark 11:54:33 4/17/99 (5)
  • Re: Yields Peter Petula 23:39:03 4/17/99 (4)
    • Re: Yields Mark 21:38:27 4/18/99 (3)
      • Re: Yields Peter Petula 10:16:05 4/19/99 (2)
        • Re: Yields Mark 13:58:49 4/23/99 (0)