Account Performance FAQs

We use Dollar Weighted Rate of Return method to calculate the individual rate of return. The calculation factors in the beginning and ending account value, incoming and outgoing cash flows, and any associated fees or sales charges incurred for the time period selected.

The account must have a beginning and ending balance for the time period selected to calculate an individual Rate of Return or it will display a “-”.

Account Performance is calculated on the last business day of the prior week. If the account is closed prior to the last business day of the week, the Account Performance will use the value of the account on the closed date to calculate the final performance.

1. Navigate to the Performance tab on the Portfolio page. Select two or more accounts using the checkboxes, then select the Calculate My Return button.

2. The screen will display the portfolio's return including all available time periods in a drop-down list.

Change in Account Value does not include dividends and capital gains that have been paid out. The Account Performance takes into calculation changes in account value as well as any paid out dividends or capital gains.

All performance calculations require an As-Of date to calculate the performance for each period.

For example: if the As-Of date is 09/01/18, your 6 month return would include performance starting on 03/01/18.

Currently our performance calculations go back to January 1st, 2008. For accounts opened after that, we calculate from the account’s first monetary transaction (purchases/exchanges/transfers in/etc). If the account has a zero balance (closed) and reopened with a new purchase or transfer we will calculate the rate of return from the new open date.

• Beginning Value is the value of the account at the beginning of the time period selected.
• Additions are all Purchases, including Automatic Investment Plans and Exchanges/Transfers In.
• Reinvested Dividends & Capital Gains are factored into Account Performance as a neutral transaction - neither an addition nor withdrawal.
• Withdrawals are all Redemptions, including Systematic Withdrawal Plans and Exchanges/Transfers Out.
• Change in Value is the difference between the account’s beginning and ending value and does not include paid dividends and capital gains. This change in value is the result of market appreciation/depreciation and all account transactions during the time period selected.
• Ending Value is the value of the account at the end of the time period selected.
• Paid Dividends & Capital Gains are factored into the Account Performance similar to a withdrawal.

It gives a better representation on a yearly basis of the Account Performance, by showing an average of investment returns.