标题: Time-weighted rate of return [打印本页] 作者: pilgrimage 时间: 2014-11-14 18:01 标题: Time-weighted rate of return
"The time-weighted rate of return for the portfolio was 15.84% while the money-weighted rate of return for the same portfolio was 13.86%. The results are different because the money-weighted rate of return gave a larger weight to the Year 2 HPR, which was 10%, versus the 22% HPR for Year 1. This is because there was more money in the account at the beginning of the second period."
我想请教一下为什么在second period有更多的beginning money会导致money－weighted rate of return在第二年的HPY上有更大的权重啊？谢谢大家了！！！作者: adjani.zhang 时间: 2014-11-14 23:06
