How much Indian salary would make u return?
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The return is exactly 9.41% annualized.
As per the fund sheet, inception date is June 2004
$1,000 invested on 6/1/2004 would have grown to $1,774 as on 10/15/2010 (this evening).
Solve for XIRR yields 9.41%
What Quicken is giving you is the average rate of return.
You can get that by dividing the cumulative return by the investment term, thus:
((1774/1000)*100)/6
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Quote:
Originally posted by pratickm
The return is exactly 9.41% annualized.
As per the fund sheet, inception date is June 2004
$1,000 invested on 6/1/2004 would have grown to $1,774 as on 10/15/2010 (this evening).
Solve for XIRR yields 9.41%
What Quicken is giving you is the average rate of return.
You can get that by dividing the cumulative return by the investment term, thus:
((1774/1000)*100)/6
USD got depreciated by around 28 % agaist CAD in the last two years.
Quote:
Originally posted by chcool
Quote:
Originally posted by pratickm
Quote:That is exactly 2% annualized rate of inflation.
Originally posted by chcool
I found an interesting statistic about canada.
Goods and services that cost 100 $ in yr 2000 will cost 121.94 in yr 2010.
This is according to bank of canada.
Compare against 12% wholesale in India and likely above 15% retail.
Let us assume The difference in inflation is 10 % annualy.
But see the difference in ROI potential, taxes etc.
During 2000-2010 growth in India 12% and 2% in Canada so you assume 10% difference annualy.....
Hey, you guy missed the currency value as during the same period value of CAD grow up to 50% [ INR 30 Rs to 45 Rs/CAD]. If you calculate than the difference will be marginal.
Quote:
Originally posted by ashedfc
Buy Gold - its behaving as currency & offers the best hedge against deflation/inflation/store of value/risk/safety, etc, etc.
If your base currency is US dollar than the benefits are even more...
Once upon a time invesments in Gold and RE is considered as a dead investment. Business people didn't love to buy gold or invest in RE..... But now investors started chasing gold and RE which is very dangerous situation as other businesses are going to be killed.
This is not a good indication for overall economy whereever it be India or NA.
Posts: 2873
Location: Western Hemisphere
Posted on: 16-10-10 18:04:41
Location: Western Hemisphere
Posted on: 16-10-10 18:04:41
Quote:
Originally posted by ashedfc
Quote:
Originally posted by dimple2001
One of my fund is at 29.37% (annualized). I just looked it up via Quicken. It's called the Templeton BRIC fund.
The defination of annualized doesn't fits here??
Templeton BRIC CC Fund start date: Aug 2005: As per Fund Fact sheet available - (last updated as of 31st Aug 2010), has a 9.3% return since inception.
The annual returns since inception are-
2005: 5.0%
2006: 51%
2007: 35.7%
2008: -49%
2009: 62.6%
2010: 10.19% year-to-date as of 15th Oct 2010 today's evening close.
Follow this link for the fund-- http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/summary/?compareBench=&FromMonth=1&FromYear=2005&ToMonth=10&ToYear=2010&id=59256&symbol=TML1077&style=globe_eq&profile_type=ROB
True. But I have only held the fund for little more than a year and that too not the exact 12 months as published by the fund company. So, what the fund company publishes and what I have would differ since my holding period is entirely different. In any case, my holding period is too short term and is not an indicator of too much significance right now.
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Dimple2001
Posts: 2873
Location: Western Hemisphere
Posted on: 16-10-10 18:09:12
Location: Western Hemisphere
Posted on: 16-10-10 18:09:12
Quote:
Originally posted by chcool
Quote:
Originally posted by pratickm
The return is exactly 9.41% annualized.
As per the fund sheet, inception date is June 2004
$1,000 invested on 6/1/2004 would have grown to $1,774 as on 10/15/2010 (this evening).
Solve for XIRR yields 9.41%
What Quicken is giving you is the average rate of return.
You can get that by dividing the cumulative return by the investment term, thus:
((1774/1000)*100)/6
USD got depreciated by around 28 % agaist CAD in the last two years.
Templeton BRIC is a CAD fund.
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Dimple2001
Posts: 2873
Location: Western Hemisphere
Posted on: 16-10-10 18:15:25
Location: Western Hemisphere
Posted on: 16-10-10 18:15:25
Quote:
Originally posted by pratickm
The return is exactly 9.41% annualized.
As per the fund sheet, inception date is June 2004
$1,000 invested on 6/1/2004 would have grown to $1,774 as on 10/15/2010 (this evening).
Solve for XIRR yields 9.41%
What Quicken is giving you is the average rate of return.
You can get that by dividing the cumulative return by the investment term, thus:
((1774/1000)*100)/6
You calculated the average return and arrived at 29.5%. The annualized return is 9.41%. But all of what you have stated is true if you held it from inception date which I have not.
Quicken does calculate annualized return by taking into account the XIRR and based on my holding period which is around 1.5 years (and does not equal the calendar year by the way), the annualized return right now is 29.37%.
Also, based on the calculation for average return according to your formula is 75.19% for my holding period. Also, Quicken reports the Gain% which is at 12.79%.
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Dimple2001
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