Re: Yields

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In Reply to: Re: Yields posted by Peter Petula on April 16, 1999 at 23:44:55:

: : : : 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

Hi Peter,
The ROI yields do just this, they include
all of your costs, including commissions.
The formula also includes distributions.
Please see the formula used in the online help.
I think ROI is just what you are looking for.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

Replies:

• 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)