Sorry if this has been addressed before…
Standard 1.A.3. - Starting 2010, portfolios must be valued on the date of all large external cash flows.
Standard 1.A.4. - Starting 2010, portfolios must be valued as of calendar month-end.
Does this mean whichever occurs first (i.e. no large external cash flow, but you still have to value as of month-end)?
Thanks.作者: PalacioHill 时间: 2013-4-1 14:12
When is TWR required? Can people keep using modified Dietz?