This weekend FOLIO will be rolling out a serious upgrade to their current performance reporting features. Could change how I’m currently tracking things. As per an email from FOLIO:
– The Performance Reporting Center has been significantly enhanced with pages including an interactive performance graph. This new performance reporting capability includes the ability to compare performance against multiple benchmarks, display returns with or without fees, and download daily returns and market values. Additionally, as a reminder any benchmark you select on the model settings page will be the displayed benchmark for the subscribed folio.
– A Portfolio Summary sidebar has been added, which provides beginning and ending values, summary cash and security movements, and both time-and money-weighted returns.
– This enhancement is also available to your clients through the client website.
– This set of enhancements is the first phase of a multi-phase roll out that promises to offer state of the art performance reporting to those using our platform. At this time, and as part of the roll-out, all features are included for no additional charge. As the full set of advanced features is completed and made available, certain advanced features/modules (or similar) will be made available for additional charges.
Couple of other things they are tweaking with this update, too, from tax lots to IRA withdrawals to overhauling the Filing Cabinet, too. Give me a shout if you want me the full email.