Explanation on units
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Explanation on units The value per unit changes every day due to changes in the value of the investments, so whenever a partner puts money in the club the number of units will be calculated based on the valuation date the club uses for that month. If members make different contributions of course they will own a different number of units. Linda Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone -------- Original message -------- From: John Rice <rice.j1969@att.net> Date:05/16/2015 1:55 PM (GMT-05:00) To: The Club Cafe <club_cafe@bivio.com> Cc: Subject: [club_cafe] Explanation on units Where can I get an explanation on how club units are calculated? I have two people who joined at the same time but have different returns. One contributes the same amount each month while the other contributes vary each month. The one who contributes the same amount each month is questioning why she has a different return than the other since they joined at the same time. Thank you, John
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