Most of my accounts contain a single mutual fund. Nevertheless, in the various portfolio views there are 2 lines. No problem-except when market value, cost basis and gain are the same in both lines, but
The various return computations (% YTD, IRR, etc) are the weakest part of Quicken. To understand them, please read the help associated with them. In particular, understand the IRR computation is the basis for many of these and that routine requires that you have the security price on the day before the period in question begins and the last day of the period. So, one day in the dates involved can make a big difference.
That area is so whacky that I just ignore it, myself.
I agree-- thats why I use the Morningstar portfolio. But regardless of the definitions, I wonder why, when X and Y are the same in both lines, X/Y results in a different amount? The “explanation” doesn’t indicate that the gain % is computed differently for the account and the only underlying security.
Like I said, I believe Quicken's logic is nutty. I most certainly won't attempt to explain it or defend it. You need to talk to Intuit.
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