Default Metric for Mutual Funds as Total Return Price (Forward Adjusted) in Fundamental Chart
Completed
Total Return Price (Forward Adjusted) is the metric we use to calculate returns site-wide, but when you add a mutual fund to the fundamental chart it adds simply Total Return Price.
This has been a recent issue for a bunch of Lord Abbett users (Tim Hall, Bill Hanigan) and has thrown them off - mostly due to the fact that they are focused on fixed income funds.
Would it be possible to swap out Total Return Price with Total Return Price (Forward Adjusted) to be used as the default metric when adding mutual funds to a chart?
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Requested by Stan Domanski at Lord Abbett - $97,750
Requested by Stan Domanski at Lord Abbett - $97,750
Requested by Tim Hall at Lord Abbett - $97,750
Requested by Tim Hall at Lord Abbett - $97,750
Requested by Jason Goldberg at NB - $63,000
This is ALWAYS coming up with wholesalers. They believe returns are off and after researching, it turns out that the issue is total return vs total return fwd adjusted. All returns we use across the site are fwd adjusted however, anytime you start with a blank fundamental chart, it's simply total return price.
This wouldn't be as big of an issue if you could set fwd adjusted as a default, however you cannot - total return price will still be added when adding a mutual fund which dupes the lines on the chart.
Requested by Jason Goldberg at NB - $63,000
This is ALWAYS coming up with wholesalers. They believe returns are off and after researching, it turns out that the issue is total return vs total return fwd adjusted. All returns we use across the site are fwd adjusted however, anytime you start with a blank fundamental chart, it's simply total return price.
This wouldn't be as big of an issue if you could set fwd adjusted as a default, however you cannot - total return price will still be added when adding a mutual fund which dupes the lines on the chart.
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