Rate of return shows how the total value of your investments has increased or decreased over time as a percentage. To calculate this, we use time-weighted returns, which is a commonly used way to evaluate investment performance. Time-weighted returns, is the compounded rate of return of your portfolio over a specific time period that does not reflect any impact from deposits or withdrawals.
Please note investments in securities (i.e. ETFs and stocks) involve risk, and the value of investments and income derived from such investments may fluctuate. Past performance is not a guide of future results. The performance report presents the relevant time weighted performance, which is a combination of daily returns compounded over a specified time period with the removal of the deposit and withdrawal impacts. Aggregate performance may not equal the sum of returns at an investment level. The sum of values in your account activity snapshot may not equal your current account balance due to rounding. Performance for advisory accounts is currently calculated net of fees, if any, and might include investments for which actual market prices are not available as of the date of this statement.
Over time, Kwala may adjust how it calculates performance for certain asset classes or strategies in the future. Performance of cash is generally included in the total performance calculation but not displayed separately. Inception to Date performance returns displayed above are cumulative returns.