What is the correct method to calculated our investment
portfolios annual return? Do we use the reports that show
"Average Annualized Refurn"? Is that a correct method?
Or do we use the change in NAV from Jan to Dec 31?
Thanks

thomas & Christine kainamura writes:
> What is the correct method to calculated our investment
> portfolios annual return? Do we use the reports that show
> "Average Annualized Refurn"?

Yes, you should use the performance reports. Here are the help pages:

http://www.bivio.com/hp/member-performance-report.html
http://www.bivio.com/hp/investment-performance-report.html

BTW, if you click on the title of the help page, this will bring you
directly to your club's report.

> Or do we use the change in NAV from Jan to Dec 31?

We don't recommend this as a general measure performance. If your
club does not use member fees, the NAV is an approximate measure of
investment performance. It is not a good measure of an individual
member's performance. See the following Club Cafe post for more info:

http://www.bivio.com/club_cafe/mail-msg?t=12791400003

Cheers,
Rob