Time-weighted return (TWR) calculates an investment portfolio or fund’s performance while accounting for external cash flows. Investment funds usually have money flowing in or out at various times.
Professor of Intelligent Systems and Theme Director of Future & Emerging Technologies, University of Portsmouth When faced with difficult choices, we often rank the alternatives to see how they stack ...
Forbes contributors publish independent expert analyses and insights. Bernie Kent, J.D., CPA, PFS covers taxes and investments. This article is more than 3 years old. Time weighted rate of return and ...