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Time Weighted Rate of Return vs. Money Weighted Rate of Return
http://financial-education.com/ 2008/ 03/ 06/ time-weighted-rate-of-return-vs-money-...
Time weighted rate of return measures the compound rate of return over a given period for one unit of money. Money-weighted rate of return, by contrast, measures the compound growth rate in the value of all funds invested in the account over the evaluation period. MWR represents the average growth rate of all money invested, while TWR represents the growth of a single unit invested. MWR is sensitive to the timing of external cash flows, whereas TWR is not affected. Time-weighted return is the superior measure for evaluating managers with no control over the size or timing of cash flows.
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Money Weighted Rate of Return and Time Weighted Rate of Return vs
http://www.mutualfundsolutions.net/media/funds-return-time-w...I am over conscientious; I tend to overvalue others' opinions of myself today. Sometimes, reading a good post on mutual fund investment may create good image of what it is really going on. They said: Time weighted rate of return measures the compound rate of return over a given period for one unit of money. Money-weighted rate of return, by contrast, measures the compound growth rate in the value of all funds invested in the account over the evaluation period. MWR represents the average growth rate of all money invested, while TWR represents the growth of a single unit invested. MWR is sensitive to the timing of external cash flows, whereas TWR is not affected. Time-weighted return is .. read the rest part. They said: (more…)
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