Welcome to Simple Dietz Performance Screen
We have improved Simple Fund 360 Investment Reporting for Planners and Investment advisers by adding a new Simple Dietz Method to the Investment Dashboard. The new method provides a more weighted measure when calculating the return on a portfolio than a simple return method.
The Simple Dietz method measures investment performance during a period, incorporating cash inflows and outflows.
The Simple Dietz method is named after Peter O. Dietz, author of 'Pension Funds: Measuring Investment Performance'.
Navigation
From the Main Toolbar, go to Investments.  
Select Investment dashboards from the list. 

Quickly adjust the date range for the Simple Dietz Screen.
Users can also manually specify a date range and Export to PDF.
The Rate of Return Explained
Important: Simple Fund 360 has expanded on the Simple Dietz formula to be able to apply it to a range of investment types, whether it be unitised or nonunitised. Below are detailed examples of the exact calculations used and how simple fund 360 applies them.
Formula used for NonUnitised investments/Bank Accounts:
Formula for Unitised investments:
Definition Table
Notation  Definition  Notes 
t1  The beginning of the period  If there are no holdings at the beginning of the start date selected, t1 will be the date of the first purchase. 
t2  The end of the period  If there are no holdings at the end of the end date selected, t2 will be the date of the last disposal. 
Mt1  Opening Value  The market value of the asset(s) as at the beginning of t1. 
Mt2  Closing Value  The market value of the asset(s) as at the end of t2. 
NCFi  Net cash flow on a specific day i 
Include any purchases, disposals, instalments, returns of capital and dividend/distribution reinvestments. Assume NCFt1 occurs at the beginning of t1 and NCFt2 occurs at the end of t2 and other cash flows occur at the midpoint of (t1, t2) on average. 
Ii  Income on a specific day i 
The income amount is the amount of cash flow from the income received including any tax credits associated with the income. It1 occurs at the beginning of t1 and It2 occurs at the end of t2 and other net income occurs at the midpoint of (t1,t2) on average. It is assumed any income will reduce the market price of investment. 
Example Case:
Example 1: NonUnitised investments/Bank Accounts
Formula used for NonUnitised investments/Bank Accounts:
The time period selected is 01/07/2017 – 31/12/2017.
Example 1.1: NonUnitised Asset 1 is purchased on the first day 01/07/2017 for 5000 and is not disposed of. No other purchases for this investment are made in this period. $100 of income is made on the investment.
The beginning of the period  t1  01/07/2017 
The end of the period  t2  31/12/2017 
Opening Value  Mt1  0 (Note that Mt1 is the market value of all assets at the beginning of t1. The investment is purchased on t1 so Mt1 = 0) 
Net cash flow on the first day  NCFt1  5000 
Net cash flow on last day  NCFt2  0 
Net cash flow excluding the first day and last day  0  
Income  100 
Example 1.2: NonUnitised Security 2 is purchased on 15/07/2017 for $1000 and is fully disposed on 15/08/2017. No other purchases for this investment are made in this period. $100 of income is made on the investment.
The beginning of the period  t1  15/07/2017 (Note: If there is no holding and balance of a specific investment/bank at the start or end date of the selected period, Simple Fund 360 will calculate the rate of return of the period from the first purchase) 
The end of the period  t2  15/08/2017 (Note: If the investment is disposed of in the period, Simple Fund 360 will calculate the rate of return of the period until the last disposal date) 
Opening Value  Mt1  0 
Net cash flow on the first day  NCFt1  1000 
Net cash flow on last day  NCFt2  1000 
Net cash flow excluding the first day and last day  0  
Income  100 
If the holding period of the investment is not the same as the selected period, users can hover over the investment to see which period Simple Fund 360 has applied to calculate the rate of return. 
Example 1.3: To calculate the return for the whole control account 72400, Simple fund 360 looks at all transactions within the control account during the selected period and treats them as one single investment. Therefore, on the control account level:
The beginning of the period  t1  01/07/2017 
The end of the period  t2  31/12/2017 
Opening Value  Mt1  0 
Net cash flow on the first day  NCFt1  5000 
Net cash flow on last day  NCFt2  0 
Net cash flow excluding the first day and last day  1000 – 1000 = 0  
Income  100 + 100 = 200 
Example 1.4: The opening balance for the bank account was $2900. A purchase was made on 01/07/2017 for $5000. Other transactions to the bank account totalled $1199. Interest income for the bank account was $0.
The beginning of the period  t1  01/07/2017 
The end of the period  t2  31/12/2017 
Opening Value  Mt1 
2,900 
Closing Value  Mt2  6,701 
Net cash flow on the first day  NCFt1  5,000 
Net cash flow on last day  NCFt2  0 
Net cash flow excluding the first day and last day  1199  
Income  0 
Example 2: Unitised Investments
Formula for Unitised investments:
The time period selected is 01/07/2017 – 31/12/2017
Example 2.1: NAB was purchased on 01/08/2017. 100 units were purchased at $2500. No other purchases for this investment are made in this period. $141.43 of total income is made on the investment (dividend + franking credit).
The beginning of the period  t1  01/08/2017 
The end of the period  t2  31/12/2017 
Opening Value  Mt1  0 
Closing Value  Mt2  2,957 (As there is no price available on 31/12/2017, the next nearest prices is used. $29.57 per share as at 29/12/2017) 
Net cash flow on the first day  NCFt1  2,500 
Net cash flow on last day  NCFt2  0 
Net cash flow excluding the first day and last day  0  
Income  Ii  141.43 (dividend + franking credit) 
If the latest security price of the investment is not the same as the end period date, users can hover over the closing value to see which price Simple Fund 360 has applied. 
Example 2.2: The fund held WBC shares coming into the selected time period. No other purchases for this investment are made in this period. No income is made on the investment. The investment is disposed of on 01/12/2017 where the proceeds of the disposal were $3400.
The beginning of the period  t1  01/07/2017 
The end of the period  t2  01/12/2017 
Opening Value  Mt1  3,051 
Closing Value  Mt2  0 
Net cash flow on the first day  NCFt1  0 
Net cash flow on last day  NCFt2  3,400 
Net cash flow excluding the first day and last day  0  
Income  Ii  0 
Example 2.3: Rate of Return for control account 77600.
The beginning of the period  t1  01/07/2017 
The end of the period  t2  31/12/2017 
Opening Value  Mt1  3,051 (market value of 100 units of WBC shares) 
Closing Value  Mt2  2,957 
Net cash flow on the first day  NCFt1  0 
Net cash flow on last day  NCFt2  0 
Net cash flow excluding the first day and last day  2500 – 3400 = 900  
Income  Ii  141.43 
Example 3: Portfolio Return
To calculate the Portfolio return, Simple Fund 360 uses the formulas used to determine each control account's return and sums up numerator and denominator of each formula.
Bank Account 60400 (Example 1.4):
Numerator  0 
Denominator  2530.29 
Fixed Interest Securities 72400 (Example 1.3):
Numerator  200 
Denominator  5000 
Shares in Listed Companies 77600 (Example 2.3):
Numerator  0 
Denominator  7300.5 
Viewing Investment Performance
Quickly review the balances and performance across all investment classes with Simple Fund 360's interactive data visualisation charts.
Ensure that the balance of investments are within the investment strategy of your funds by effortlessly viewing all movements for your investments for any given time frame
The data source for the chart visualisations is simply the table found underneath the charts, so any filters applied to the table will be reflected in the displayed visualisation.
To view more details for an investment category, hover your mouse over the chart segment to display the full account name, account balance and weighting percentage.
Easily compare the contributions of each investment class towards by the fund's performance by viewing the Income and Market Gain bar chart.
Earnings and losses will be displayed next to each investment class, displaying the exact contribution the investment class contributed towards the fund's performance.
Investment Performance Simple Dietz report
Clients now have the ability to view the Dashboard in the form of a report. The report can be downloaded in the form of a PDF and printed. The report can be accessed from the reports screen.
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