Something I've never understood
e.g I can look at agest super earnings on their site
http://www.agest.com.au/investments/investment-returns/custom-report/index.cfm
Say all money is invested in Aus shares. You can look up % increase over 6 months, for example. But how can reinvestment of dividends be taken into account? Apparently about half of long term earnings is down to reinvestment of dividends. But unit prices are worked out every day.
Any ideas?
e.g I can look at agest super earnings on their site
http://www.agest.com.au/investments/investment-returns/custom-report/index.cfm
Say all money is invested in Aus shares. You can look up % increase over 6 months, for example. But how can reinvestment of dividends be taken into account? Apparently about half of long term earnings is down to reinvestment of dividends. But unit prices are worked out every day.
Any ideas?