It is important to understand that the assumption of rebalancing has an impact on the returns reported. Backtested performance also does not include the burden of taxes or M1 fees and assumes that there are no additional deposits or withdrawals during the indicated period. Backtested performance results assume periodic rebalancing of any of the prepopulated M1 pies in the portfolio. It is not an indicator of future actual results.Īctual performance for your account may be lower than the performance if you had invested in the securities and held them for an identical period. Backtested performance results have certain limitations. Backtested performance assumes the reinvestment of distributions which M1 allocates proportionally to all positions in your portfolio. This commonly happens after a brokerage account transfer or a request to move a slice from one location to another in your portfolio.īacktested performance shows historical performance had you invested in the portfolios at an earlier date. It is provided for informational purposes only. Backtested performance is hypothetical, which means it does not reflect returns in actual accounts. When does performance data get manually reset? If a corporate action has affected your account, please allow a few business days for your performance data to adjust. Other situations will require our support team to manually reset your performance data. This commonly happens when a corporate action occurs. This will be temporary, and will be back to normal shortly after the corporate action is resolved. Your performance data may be temporarily affected when action is taken on the account that credits, debits, or moves a position. This tab's main goal is to give you a snapshot of your current positions and their potential tax liability upon sale.Ĭost basis is the purchase price of a security for tax purposes. The Holdings tab, on the other hand, is showing all of your current positions versus their current value (it does not reference any position that you've already sold). Holdings tab: Cost basis & Unrealized gain View performance of entire portfolio, pie, or individual holding This is done in an effort to display how your account has performed for its full life, not only for its current holdings. Holdings that have been sold will still be included in your overall portfolio performance calculation. Larger deposits will have a greater impact on your overall return calculation. MWRR is a calculation that tracks performance based on the timing of all incoming and outgoing cash movements of a holding. M1's performance is based on Money-Weighted Return (MWRR). The net cash flow takes into account all of the incoming and outgoing cash movements of a holding. The gain includes all market capital gains and dividends earned. You can view this historical performance information over a chosen time period: Portfolio tab: Market gain, net cash flow, & money weighted return Each page has a different goal in mind so M1 uses two different calculations to show the return. The Portfolio tab and the Holdings tab in M1 both show you the performance of your investments.
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