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Posted by John Pollard on February 24, 2007, 10:09 am
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louise wrote:
> Quicken 2004 Deluxe.
>
> I want to do a report to see portfolio performance for
> year to date and I want to exclude certain securities
> which I have done by unchecking them via "customize". This
> seems to work.
>
> However, I am getting a report that doesn't reflect
> performance for year to date, but rather provides average
> annual return. Customization doesn't seem to provide this
> option.
>
> What does average annual return mean?
From Quicken Help:
Often called the internal rate of return (IRR), the average
annual return is usually defined as a percentage equal to the
interest rate on a bank account that would give you the same
total return on your investment. It takes into account money
earned by the investment (interest, dividends, capital gains
distributions) as well as changes in share price. Because it is
an annual rate, it acts like a bank interest rate that compounds
annually. For example, if you invest $10,000 and get an average
annual return of 12.0 percent over two years, you'll have
$12,544 (an increase of $2544, or 25.4 percent) at the end of
the two years.
Quicken displays the average annual return in the investment
performance report and graph, in Portfolio columns, and in the
Average Annual Return snapshot. A negative value indicates a
loss, which can be either paper or real. If the return seems
surprisingly high, it could be because you have set a short date
range.
Example
If a mutual fund lists its one-year average annual return as
20%, and you invest $100 in that fund, you'd have $120 by the
end of the year.
If a mutual fund lists its three-year average annual return as
20%, and you invest $100 in that fund, you'd have $172.80 (an
increase of $72.80 or 72.80%) at the end of three years:
Year
Beginning balance
Ending balance
1
$ 100.00
$ 120.00
2
$120.00
$144.00
3
$144.00
$172.80
> And is there some way to get the report to just tell me
> year to date on the securities I've checked?
I haven't attempted to verify the actual return values, but I
believe the Investment Performance report does report on the
period you select. If you choose different report date ranges,
you will see the Average Annual Return percentage(s) change.
There are no other "return" values available in Quicken
"Reports", but you can print anything you see on the Portfolio
tab in the Investing Center, and the Portfolio tab can display
several different return values. Check Quicken's Help for the
definition of each of Quicken's return values. (Try the
Glossary on the Portfolio tab menu.)
--
John Pollard
First initial underscore Last name at mchsi dot com
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