Hi guys, can somebody explain with a detailed calculation how the ‘FX Impact’/exchange rate is worked out.
Is it calculated on the profit element only or the whole investment?
My Nio position is currently this:
Current price $47.35
500 shares average price $44.53
Gain +£1,013.90 (6%)
FX Impact -£884.41 (5.23%)
Return +£129.25 (0.76%)
Is this correct?