Get a greater understanding of account efficiency with newly enhanced charts

Get a greater understanding of account efficiency with newly enhanced charts

At WealthBar, we’re dedicated to creating your investments simple to know. That’s why, once we just lately enhanced our efficiency chart to point out contributions in addition to market worth, we took a barely unconventional method.

Particularly, the contribution line on our charts at all times begins on the opening market worth of the interval proven. This extra clearly illustrates funding efficiency within the interval proven.

How is that this completely different?

Most different funding accounts place contributions relative to the opening worth of the account (zero), moderately than relative to the opening worth of the interval proven.

Why does it matter?

Over time, the market worth of a portfolio usually grows relative to contributions and the hole between contributions and market worth will develop too. Whereas that is nice information for investments total, it makes it tougher to interpret current account efficiency, corresponding to when viewing the final month.

That is very true when viewing statements. A newer assertion would usually present a bigger hole between contributions and market worth than an older assertion. By beginning our contribution line from the opening market worth, we keep away from this problem and be certain that your WealthBar statements will present an apples-to-apples comparability.

A brand new take for higher accuracy

Our enhanced chart is designed to present buyers a extra correct understanding of their account’s efficiency inside particular time durations. By displaying whole worth, in addition to contributions from opening market worth, buyers can higher visualize the positive aspects and losses for that interval.

Enhanced charts are actually accessible to WealthBar buyers by way of the cell app (iPhone, Android) and in your WealthBar statements.

We hope this enhancement makes it even simpler so that you can perceive the efficiency of your investments. Keep tuned for extra thrilling options coming quickly!