club_cafe: average annualized rate of return

iras1 on

In a message dated 5/10/2007 10:08:02 P.M. Eastern Daylight Time, hows@bivio.com writes:

In the members performance reports area, how can the
annualized rate of return for all members be less than the
annualized rate of return of any of the individual members?

The annualized rate of return for all members includes those members who have withdrawn over the years.

Ira Smilovitz

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