Performance Summary
The Performance Summary page shows a summary of an account's performance over the
selected date range. It also shows contributions, withdrawals, realized gains and
loses, interest, dividends, and management fees.
Portfolio Analysis
The Portfolio Analysis section of the report shows a detailed breakdown of every
position in a client's portfolio. This includes the holding's name, symbol, percent
of portfolio, sector, cost, current value, and the gain or loss.
Account Performance
The Account Performance page shows a detailed graphical comparison of an account's
performance compared to a set of indices you select. You can also see the sector
makeup of the portfolio, both graphically and by percentage.
The performance calculation is based upon the modified Dietz method and factors
complex elements of an account on a daily basis, such as market value of securities,
committed capital, unsettled trades, the movement of cash and securities in and
out of the account and other measures of activity to establish beginning and ending
balances. These balances are based on the settlement date calculations and may or
may not correlate to monthly statements. However, they have been designed to produce
a more accurate daily performance calculation. Using the more complex daily balances,
the return in the entire reporting period is found by chain linking the rate of
return in the different sub-periods between cash flows. Cash flow is divided between
the beginning and end-of-period value, and weighted by the number of days the cash
flow has been in the portfolio in relation to the total number of days in the measurement
period. These compounded rates of return are not annualized.