Time-Weighted, as Opposed to Money-Weighted, Return Captures the Return Actually

question 31

True/False

Time-weighted, as opposed to money-weighted, return captures the return actually earned by the fund manager.

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Definitions:

Mill Rate

A property tax rate expressed in tenths of a cent, applying to the assessed value of property.

Property Taxes

Taxes paid by property owners, typically annually, based on the assessed value of their property and the tax rate of the local government.

Assessed

Evaluated or estimated the value of (a property, a tax, a fine, etc.) for taxation or pricing purposes.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and insider shares.