In the Start Date box, enter the start date (mm/dd/yyyy) or use the calendar icon to select the start date for the report.
In the End Date box, enter the end date (mm/dd/yyyy) or use the calendar icon to select the end date for the report.
In the Return Type field, use the drop-down menu to select from Use IRR or Use TWR. Select Use IRR when you want the return to reflect cash flows (deposits, withdrawals) and differences in amounts invested at different time periods to have an affect on the stated return. When selecting Use TWR, cash inflows, cash outflows, and amounts invested over different time periods have no impact on the stated return.
In the Fee Type field, use the drop-down menu to select from Net of Fees or Gross of Fees. When selecting an option, remember, net of fees indicates the impact of advisory fees are reflected in the return; gross of fees indicates the impact of advisory fees are not reflected in the return numbers.
In the Display Return as field, use the drop-down menu to select from Annualized Return or Cumulative Return. The annualized return measures the average return of an investment every year over a certain number of years instead of the total return amount at the end of that term. A cumulative return measures the entire return of an investment relative to the principal amount invested over a specified amount of time. Cumulative return is the method to use if you are making projections based on an intent to sell an investment at a specific point, while average annual return is the method to use if you are trying to analyze the long-term health of a particular investment.
Select the Display Total Aggregated Return option to display the aggregated return percentage for your entire firm..
Click OK. The report is generated.