zzi$\_$BMAS$\_9$e$\_$CH$28.$pptx

oad fabozzi$\_$BMAS$\_9$e$\_$CH$28.$pptx $(1\mathrm{.}03$ MB$)|$ At Alternative formats

Perrormance iveasures

Alternative Return Measures

EXAMPLE. To illustrate the calculation of a return, assume the following information for an external manager for a pension plan sponsor: The portfolio's market value at the beginning and end of the evaluation period is $$25$ million and $$28$ million, respectively, and during the evaluation period $$1$ million is distributed to the plan sponsor from investment income. What is the portfolio return?