by David Spaulding | Apr 4, 2016 | rates of return, Investment Performance Guy, money-weighted return, time-weighting
We’ve been asked by a client to construct a single day, fairly intensive class on rates of return. Much of the material for the class comes from our Fundamentals of Investment Performance class, which we’ve been teaching for nearly 18 years. As...
by David Spaulding | Nov 12, 2015 | Investment Performance Guy, money-weighted return
Our friend and colleague, Dax Johnson, of State Street, posted a link to a page on LinkedIn that, in turn, takes you to a white paper they wrote, titled “Money-Weighted Rate of Return, a Calculation to Consider.” As one who has been championing the use of...
by admin | Sep 27, 2012 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, HP 12C, internal rate of return, money-weighted return, MWR, performance measurement, since inception internal rate of return, TSG
In a previous post, I covered an internal rate of return sample exam question, and I covered the keystrokes used on one of the calculators that may be used on the CIPM exam, the Texas Instruments Business Analyst II Plus (TI-BA II Plus).There is, of course, another...
by admin | Sep 1, 2011 | CIPM, CIPM expert, IRR calculation, money-weighted return, TI BA II Plus
A CIPM Expert Level candidate sent me the following question, asking what are the proper keystrokes to obtain the solution: The Millers deposited $50,000 into their account on 1 May 2005 and another $40,000 on 1 July 2005. The portfolio also received and reinvested...
by admin | Apr 15, 2011 | CIPM, CIPM expert, HP 12C, internal rate of return, IRR, money-weighted return, MWR, TI BA II Plus
The following steps may be used to calculate internal rate of return using one of the financial calculators (HP 12C and TI BA II Plus):1. Identify all external cash flows, including beginning and ending market values, and arrange them in chronological order.2. Arrange...
