
- UID
- 223331
- 帖子
- 289
- 主题
- 53
- 注册时间
- 2011-7-11
- 最后登录
- 2014-2-27
|
I answered this in some other thread.
The time weighted return is stated yearly and not quarterly. Thats why.
So if my HPY for 7 months is 6% and the remaining 5 months is 5% , my annual return is
1.06 x 1.05 -1 = 11.3%
Now if these returns are stated semi- annually, you have to do treat them as 2 6 month periods.
1.0909 |
|