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Simple Rate of Return vs Time Weighted...
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Someone help me understand...I'm still learning...I have a TFSA that is a Questwealth aggressive growth portfolio. It's not a lot of money, but I'm just trying to understand the growth.

Total equity$1,144.49

Cash$16.53

Market value$1,127.96

Net deposits$1,030.00

Deposits$3,030.00

Withdrawals-$2,000.00

Earnings since inception

Total P&L $114.49

Simple rate of return 11.12%

Time-weighted rate of return

As of 12 Nov 2023

Since inception-3.02%

YTD 2023 10.16%

2022-11.96%

20210.00%

Since inception the rate of return is negative 3%...so how is it that I have made money? How is it positive $114.49?

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1 year ago