MWRR & TWRR for Fidfolio baskets?
Summary of User’s Concern and Solutions Discussed:
- Main Problem: The user, Hanuman, is unable to find Money Weighted Rate of Return (MWRR) and Time Weighted Rate of Return (TWRR) metrics at the portfolio basket level in Fidfolio Solo, as they are only reported at the account level, which is not helpful for analyzing individual baskets.
- Proposed Solution: FidelityTaylor acknowledged the user’s feedback and mentioned that the Solo FidFolios team is aware of this request and plans to implement MWRR and TWRR reporting for individual baskets within the year.
Here’s the full thread
Is there anywhere that the MWRR and/or TWRR is reported for a portfolio in a Fidfolio Solo basket?
I have not found these in the UI but may just be looking in the wrong place. The performance UI tab only reports the MWRR & TWRR metrics at the account level which is not very insightful if you have a bunch of fixed income and multiple Fidfolio baskets on the same account. Reporting at the basket level would be nice.
Currently the performance reported for the each basket includes all cash inflows so it distorts the actual return. Having MWRR and TWRR computed for each basket would be useful and obviate the need to compute it externally in a spreadsheet.
Thanks for dropping by, @Hanuman!
We appreciate your feedback here about adding in Money Weighted Rate of Return (MWRR) and Time Weighted Rate of Return (TWRR) for individual baskets, rather than just on an account level. Our Solo FidFolios team is aware of this request and is expected to implement the performance data this year.
If there’s anything else you’d like to see added, please let me know so I can pass it along appropriately!
Thank you. I look forward to the enhancements.