Fund Manager
Contact Us

Re: questionable yield numbers

[ Q2 00 - Q2 01 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

Posted by jeffrey on November 03, 2000 at 15:13:34:

In Reply to: Re: questionable yield numbers posted by Mark on November 03, 2000 at 07:24:26:

: : here is the story:

: : same fund in 3 accts. A,B and C. fund A was liqidated on 8/28/00. when i run a ROI yield report on the three funds B and C show 3m yield of (36%), 6m of (17.32) and 1yr of 51%, fund A shows 506%, (58) and 121.35.

: : or, when running portfolio performance report for 1/3/98-11/1/00: fund A shows 86%, B and C show 54%
: : if i restrict the dates to 1/3/98 - 8/28/00 (date fund A was liquidated) yields are all similar. the further away from 8/28 towards the present the more different the yields become.

: : seems roi yield or portfolio performance should be restricted to the times invested, unlike 'investment performance' which is independant of buy and sell times. (investment performance report gives same yield info for all 3 funds).

: : explanation for what is happening here. i hope my description wasn't too confusing.
: : jeffrey

: Hi Jeffrey,
: ROI yields measure the performance of your buy/sells, so different
: transactions in the same security will yield different ROI yields. The way
: ROI yield works is it looks at the value at the beginning and end of the
: yield term. It factors in all your buys, sells, and distributions during
: the period. It then calculates an annualized return. You control the
: period when the yield calculation is performed. Periods where you own 0
: shares will not affect your ROI yields, but all transactions within the
: yield term will. For more on this, including example calculations and
: the formulas used, see "Yield Calculations" in the online help.

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

mark, after reading your reply it seems sort of obvious: since the time A was sold, B and C dropped in value, hence the roi and port perf yield was less for those two. somehow that reasoning didn't occur to me at the time. sorry.


Replies: | Search | Site Map | About Us | Privacy Policy