标题: Currency Contribution Dollar Return on Index [打印本页] 作者: bchadwick 时间: 2011-7-11 19:03 标题: Currency Contribution Dollar Return on Index
For the GPE when you are comparing performance against a World Index. For the currency allocation effect, they compare the currency contribution of the individual portfolio holdings to the currency contributions of the index.
How do they arrive at the Dollar Return for the Index Values? On page 254 of Reading 47, CFAI Volume 6. The chart near the bottom that says "Index Return Breakdown" how did they calculate the Dollar Return figures of 10.417 and -2.64?
This GPE is tough stuff.作者: pennyless 时间: 2011-7-11 19:03
You have to take the index values and convert everything to dollars in both periods using the relevant exchange rates. The % change will give you 10.417 and -2.64.
I had to lay out everything in a spreadsheet, otherwise it's easy to get lost.
UK Beg $ Value: 1090/.65 = 1676.923077
UK End $ Value: 1148/.62 = 1851.612903
Bpuldog, thanks. I was missing using Index Values/Exchange Rate. Thanks! I think i got this almost. Been on these EOC questions for two days now trying to get this down pat.
