Total Return in the App

[Rishi]

Hi Everyone

Is Total Return in the app profit / loss from sales + dividends ?

[George]

It is Profit / Loss from sales. Dividends are not included.

[adm]

Does this also factor in Stamp Duty costs?

[Vedran]

@George does it reflect current unrearlised loss/gains.

So scenario, my past sales gave total profit 3k, my current owned shares are +1k unrealised returns, does the screen show 3k or 4k?

[Rishi]

Thanks very much George

[George]

@adm

Does this also factor in Stamp Duty costs?

No

@Vedran

@George does it reflect current unrearlised loss/gains.

So scenario, my past sales gave total profit 3k, my current owned shares are +1k unrealised returns, does the screen show 3k or 4k?

It reflects only realised profit/loss. So, in your example - 3k.

[Vedran]

Thanks for confirming!

[matijabacic]

Ok, I am confused. Can someone plase explain to me : shouldn’t DEPOSIT - WITHDRAWALS + TOTAL RETURN = AMOUNT CURRENTLY INVESTED + FREE FUNDS? If yes, that is not case for my account. What am I missing?
Edit: nevermind, forgot about Stamp Duty

[matijabacic]

Ok, another problem is when I add all stock trades (those that I bought and also sold) it does not equal TOTAL RETURN. I always get a sum that is 0.02$ greater than total return. Can someone please help and tell me what am I doing wrong? Thank you!

P.S. I took into account 0.23$ of Stamp Duty

[Supraman]

Did you ever figure this out?

I have a similar issue. If I sum the current value of all my investments it is always £0.02 different (I can’t remember if it’s higher or lower) from the PORTFOLIO figure.

I usually do it over the weekend and I put my phone into airplane mode so that there are no price or exchange rate fluctuations. I’ve done it 4-5 times now and, although my portfolio has evolved over the last couple of months, I’ve always had the £0.02 discrepancy.

I know it’s only 2p, but it really annoys me when figures in the app are inconsistent.

[matijabacic]

Unfortunately, no Still hoping someone will figure it out! Recently, I sold every stock in my portfolio (not for this reason, don’t worry) and still cannot find that 0.02$! Have no idea what is happening! And, ofc custumer support is of no help, got this automatic replay from them :
" It seems that we couldn’t reach you up until now - please excuse the delayed reply. "

[Vedran]

There were some previous topics on this subject.

Inconsistent rounding?

@Richard.W @mmc_pt It’s because of the precision when converting currency. The rate in the statement isn’t as precise compared to the account, the account value’s a bit more accurate. Example: FX conversion precision is 4-5 digits in the statement while on the app it’s 8, that’s what causes the difference. We’ll increase the precision in the reports but as a rule of thumb - account values are always correct.

Free cash small difference with what it should be

Yes, the update has been pushed. If your account value still holds an additional 1p that’s because you have older positions. They still rely on the pre-update value calculation. When you eventually sell those older holdings your account value will match exactly the sum of your portfolio value and the account’s free funds.

[matijabacic]

Yeah… the, so called, “update” did not fix it. I withdrew all my money the other day, sold everything and still 2 cents are missing. Hope it will not be a big deal when I do taxes at the end of the year…

[MAK10]

Hi Everyone
I have the same problem: Nearly 0.5 euro on a 2k account.

I know is not a tragedy but must be fixed!
Every loss counts and errors like this raises scepticism.