Exam refresher: Money-weighted & time-weighted rate of return
23 June 2020
Catriona Standingford, MD of Brand Financial Training, considers how to calculate money-weighted rate of return and time-weighted rate of return when evaluating performance of an investment portfolio. This calculation can arise in a number of CII exams, notably R02 and AF4. Anyone sitting one of the CII investment exams will need to be familiar...