Download FIRST DOLLAR USER GUIDE v3.20

Table of Contents
7.8 Investment Contribution Analysis ................................................................ 88 7.9 Technical specification ................................................................................ 89 7.10 Problem Solving ....................................................................................... 89 7.11 Questions & Answers............................................................................... 89 8 PORTFOLIO REPORTING ............................................................................... 90 8.1 Introduction ................................................................................................. 90 8.2 Simple Portfolio Valuation ........................................................................... 90 8.3 Advanced Portfolio Summary ...................................................................... 91 8.4 Portfolio Investment History ........................................................................ 92 8.5 Portfolio Changes........................................................................................ 93 8.6 Source and Application of Funds ................................................................ 94 8.7 Summary of Changes in Total Portfolio and Cash ...................................... 95 8.7.1 Summary of Changes - Start Date ........................................................ 95 8.7.2 Summary of Changes – End Date ........................................................ 96 8.8 Summary of Investment Performance ......................................................... 96 8.9 Detailed Statement of Financial Performance ............................................. 97 8.10 Tax Reconciliation.................................................................................... 97 8.11 Investment Contributions ......................................................................... 97 8.12 Portfolio Fundamentals ............................................................................ 97 8.13 Technical specification ............................................................................. 98 8.14 Problem solving ....................................................................................... 98 8.15 Questions & Answers............................................................................... 98 9 PORTFOLIO PERFORMANCE MEASUREMENT ............................................ 99 9.1 Investment Performance Is Not Always As Good As It Looks ..................... 99 9.1.1 Select the Period You Want To Look At ............................................. 100 9.1.2 Compare Your Investment Performance ............................................ 101 9.2 Measuring Investment Performance ......................................................... 102 9.2.1 Investment Performance Measurement Basics .................................. 102 9.2.2 Tax Returns ........................................................................................ 103 9.3 Measuring the Investment Performance of your Portfolio ......................... 104 9.3.1 No bank details ................................................................................... 104 9.3.2 Daily Calculated Annualised Returns ................................................. 104 9.3.3 The impact of Deposits and Withdrawals............................................ 106 9.4 Financial Return Analysis .......................................................................... 106 9.5 Financial Returns Definitions..................................................................... 107 9.6 Technical Specification ............................................................................. 110 9.7 Problem Solving ........................................................................................ 110 9.8 Question & Answer ................................................................................... 110 10 SAMPLE FILES ............................................................................................ 111 10.1 Introduction ............................................................................................ 111 10.2 Using the First Dollar™ Sample Files .................................................... 112 10.3 Sample1 Portfolio file ............................................................................. 113 10.3.1 Different formats .............................................................................. 113 10.3.2 Analysis of the Portfolio ................................................................... 114 10.4 Sample3 ................................................................................................. 119 11 AUDITING YOUR FIRST DOLLARTM FILES ................................................ 124 11.1 Introduction ............................................................................................ 124 11.2 Audit Tools ............................................................................................. 124 11.2.1 How to Check Closing Security Prices ............................................ 124 11.2.2 How to check Full Security Names .................................................. 125 USER GUIDE v3207.doc
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