Calculating Investment Performance
When investors look at their account statements they want to know if their investments have gained or lost money. While that seems like a pretty common thing to do, what's common is the mistake of comparing the book value and the market value of their portfolio to calculate their gain or loss. Comparing these two values usually leads to inaccurate conclusions about the performance of the investment.
We want to share this investor friendly piece called Clarifying Book Value from EdgePoint® to understand what book value represents, and the right way to evaluate the return on your investments.
Still have questions? We look forward to clarifying your performance during your scheduled review, or sooner if it would be helpful.
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Very best regards,
CIBC Wood Gundy
Smith Falconer Financial Group
CIBC Private Wealth Management consists of services provided by CIBC and certain of its subsidiaries, including CIBC Wood Gundy, a division of CIBC World Markets Inc. "CIBC Private Wealth Management" is a registered trademark of CIBC, used under license. "Wood Gundy" is a registered trademark of CIBC World Markets Inc.
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