Quote Originally Posted by permutation View Post
I reckon that the RAR should be updated daily. It's all computerised; once you have a formula it should be updating real-time along with account balances etc.Imagine if the NZX50 had all the share prices updating daily but they only published the index once a month.. Ridiculous
I contacted harmoney about this about a week ago - they said it is going to be updated monthly - the reason given was "At the moment, Realised Annual Return (RAR) updates at midnight once a month. It's still a relatively new figure, so were tracking it's progress closely. We may start updating it more frequently if our investors would prefer, although we don't want to unnecessarily create short term volatility."I replayed that I would understand why they did not want to up date it to often especially with bank clearance times etc - But I could not see any reason why they could not update it at least weekly say on a Wednesday to include everything up until the end of the previous Sunday.