Introduction

A typical Fund Fee vs IRR Dashboard will look like the attached below. Salient points to note are:

2 charts, the top chart shows the individual Funds in your portfolio plotted to show IRR and Fund fees. The bottom chart shows your average Fund performance for each asset class (e.g. combining all equity funds) vs. the average performance of your peer group in Canopy. For example in the bottom chart you can see that for the asset class Fixed Income the Canopy Demo portfolio pays lower fees and has a higher return compared to the peer group.
Time Period for Calculations: All calculations are for the time period that starting the latest of First investment made in that Fund / Starting of the Account history with Canopy / 1 Jan 2017 and ending the previous business day. For example ...
- if your Canopy account history starts in 15 Feb 2016, this particular Fund was bought on 31 Aug 2016, the IRR shown is from 1 Jan 2017 to the previous business day.
- if your Canopy account history starts in 1 Mar 2017, although you bought this particular Fund way back on 12 Sep 2016, the IRR shown is for the period from 1 Mar 2017 to the previous business day.
- if your Canopy account starts on 1 Mar 2017, you bought this asset on 15 Oct 2017 then the IRR is for the period 15 Oct 2017 to the previous business day.
Currency of Calculation: Unless otherwise specified all calculations are in USD. All investments in non USD currencies are converted into USD at prevailing spot rate (i.e. IRR will take Fx movement into account for non USD investments)
Y-Axis: Percentage Return (defined as Distributions + MTM gains divided by invested amount) for that particular Fund.
X-Axis: Fund Cost Expense ratio. This is information retrieved from public information sources like Bloomberg.
Open/Closed positions, the chart includes all your positions, both open and closed
There are 2 charts, the top chart shows the individual Funds in your portfolio plotted to show IRR and Fund fees. The bottom chart shows your average Fund performance for each asset class (e.g. combining all equity funds) vs. the average performance of your group in Canopy.
Asset class, the Funds are grouped by asset class, represented by colors. The asset class used is the Bloomberg fund asset class.

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