Letās dive deeper to see what exactly has changed:
The main chart
Value now shows the overall value of everything in your account, including investments and cash.
Return now factors in the total profit or loss from your activity, including investment performance, dividend income, interest, FX fee, government taxes, and more.
Rate of return: is the percentage of growth or loss in your portfolio, adjusted for the impact of money youāve added or withdrawn. For example, if you invested when the market was high, your return may look different than if you invested during a dip.
This gives you a more personalised look at how your money has performed based on your decisions, not just market ups and downs. Rate of return uses the money-weighted rate of return to calculate performance. Learn more about MWRR here Your return metrics are now based on the time interval selected in the chart! Want to see your performance for the past week, past month, or past year? Simply change your chart interval!
Net deposit is the difference between the cash youāve deposited and withdrawn. It shows your net contributions, helping you understand how much youāve put in overall. To enable this value, tap the āsettingsā icon below the chart and enable it from the menu.
The rate of return value does not look right to me, it is inflated. Any chance that it is gross including expenses ( FX, duties and taxes). If so it still does not provide a true picture of returns as there is no section that would cumulate expenses incurred while achieving this rate. The last time I checked with T212, I was told I would get cumulative expense reported in the end of year report that is sent to all.
Is it possible to indicate a cumulative total of taxes + duties + - FX amount?
If this expense value was known then, say, if one found it to be nearly half the resultant RoR then one can deduce that possibly unnecessary buying and selling may have occurred within that period to pull down the displayed RoR and therefore one would then refine his/ her strategy to optimise expenses incurred to reach the future target RoR.
of course while I am writing this I can quickly realise why you would not want to show expenses because any active optimization may reduce T212ās income
But T212 does promote keeping money in cash by offering market leading interest so I guess there should not be any harm in displaying cumulative expenses for the period.
@George I donāt understand this ā is this the same as the current Free Funds figure displayed in the Acount Status popup?
Also why is it that in your screenshot you have multiple currencies?
I wasnāt aware that we could hold different currencies in our accounts ā other than the base currency of our account ā or even convert to different currencies for that matter.
(ISAs can only be held in GBP for sure, but I wasnāt aware you were offering the above in the other account types.)
I like more to see the return calculated based on Investments value + dividents, not based all the cash that I have in the app. Also will be helpfull at least on the Investments section the value to be the money invested not the money invested + wins.
Thanks!
Hmm, So this has blown my mind and threw everything I thought I was doing into disarray! I fear there may be a Maths lesson coming to me here.
Really like the feature BTW which will provide more clarity as soon as I understand it. Iāve been doing a manual spread sheet version of this on a weekly basis and my figures donāt match what Iām seeing here. I think itās to do with the Rate of Return part whereas I do this in real terms.
Maybe someone could explain? basically I take the figure from history/transactions part of the app to work out how much Iāve put in, how come this figure no longer marries up with the āNet Contributionsā part anymore?
Then I would take the value of the portfolio as it stands on the Saturday (Markets closed) and look at the % increase in value, which currently sits at 6.1%
How come the new layout shows less deposits and a 10.2% rate of return and the increase in value isnāt 10.2%?
Iām guessing ROR isnāt the same as actual % increase?
Also, on a side note, I think the +/-% of all pies and investments combined should still be there so people can asses how their entire portfolio is getting on without the interest and bonuses etc as this isnāt technically a measure of your portfolio. more an overall picture of how your 212 account is doing. Or am I missing something?
EDIT: Iāve just realised something obvious, which is that the new calculations account for all realised gains and losses as well. This is definitely more useful than what was there before! Though it would still be handy to have the āgain/lossā number for my open investments somewhere, maybe at the top of the āInvestmentsā list as adrian suggests above.
[[ ORIGINAL MESSAGE:
Hi, thanks for your reply. Net deposits is nice but still very different from the original feature, which was the amount invested (ie ignoring cash). I tend to keep a lot of cash in my account, so ānet depositsā is meaningless when Iām trying to measure the performance of my investments. (The same goes, I think, for the ārate of returnā.) ]]
Same here, itās quite a big difference of just over ā¬60.69 in my case. I checked, but donāt think it is an error.
The free share I received and the result adjustments (witholding tax refund and proceeds from rights sales) in the transaction list add up exactly to ā¬60.69 and are therefore not included to calculate ānet depositsā.
Net Deposits is the money you transferred into your account yourself minus the money you transferred out of your account yourself. Any other cost, fees, commissions, adjustments, free shares etc are not used to calculate this figure.
The Net Deposits number always stays the same, it doesnāt matter which period I select. It always gives me the number based on the deposits/withdrawals made from day one until today.
When I go into the S&S page I want to see the return for my active investments not tallied up to include interest, dividends and gains, although I do like that T212 have generated this info. At least give the option to toggle between the two.
Is there a way to see RoR/gains for active investments in the portfolio? I preferred it when it showed the sum of money invested in stocks/etfs, gains and RoR. It has been made more complicated and difficult to work out. This information should be immediately accessible. Why make it harder for investors to find information that was always present until this āupdateā?
Total Money at the top - where it was.
Money invested - Gains - RoR - exactly as it was before.
ISA and cash info above investments just means scrolling past this to see the investments. It would be better lower down. Though some people might like it here. EDIT: see comment below.
I think it would be better if they returned the search function back to how it used to be instead of it now being a multi click process.
You can reorder your Portfolio screen at any time by using the āReorder screenā option.
