Understanding Adjusted vs. Unadjusted Returns
By Yann Kostic from the November 2014 Edition You’ve probably noticed that your mutual fund account statement shows two sets of figures for average annual total returns: one is adjusted and the other, unadjusted. What does this mean? Unadjusted performance figures: Unadjusted performance figures show the performance of a fund during the time periods indicated, taking into account changes […]
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