Total Return
Formula: (Final VAMI / Initial VAMI - 1) (X 100 for %)
Example: Initial VAMI = 1000, Final VAMI = 2000
Total return = ((2000/1000) -1) = 2 - 1 = 1 or 100%
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Hedge Funds & CTAs
Related Terms:
- Fixed Income Mortgage Backed definition
- Relative Value Arbitrage definition
- Compound Annual Return definition
- Fixed Income Arbitrage definition
- High Water Mark definition
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