You will see a change in Total Invested and All Portfolios Return on the account summary page if you have dormant portfolios.
No changes in:
Current Value of your investments
Portfolio Holdings
Individual Portfolio Pages
Syfe Pricing Tier
Glossary
Current Value: Total market value of all active portfolios based on last closing prices
Total Invested: Overall funds transferred in less funds transferred out from your Syfe account
All Portfolios Return: Current value less total invested amount
Dormant portfolio: A previously funded investment portfolio from which you have made a full withdrawal
Active portfolio: A portfolio that is currently funded
Understanding the formula change
Example 1: Dormant portfolio has made a profit.
You see a lower Total Invested amount and higher All Portfolios Return after the update.
Suppose you transferred $10,000 each into investment portfolios X and Y. Portfolio Y made a gain of $100 while the value of Portfolio X remained the same.
- Current Market Value of Portfolio X: $10,000
- Current Market Value of Portfolio Y: $10,100
You then made a full withdrawal from Portfolio Y (making it dormant) and transferred the proceeds to Portfolio X.
Before the formula update, you will see these figures on your account summary page.
- Current Value: $20,100
- Total Invested: $20,100
- All Portfolios Return: $0
After the formula update, you’ll see these data on your account summary instead.
- Current Value: $20,100
- Total Invested: $20,000
- All Portfolios Return: $100
Before the formula update, Total Invested was shown as $20,100 and All Portfolio Returns as $0 due to the exclusion of dormant accounts. The new formula corrects this by showing the Total Invested as $20,000 (amount you actually transferred to Syfe) and All Portfolio Return shows a profit of $100 realized from Portfolio Y.
Example 2: Dormant portfolio has made a loss.
You see a higher Total Invested amount and lower All Portfolios Return after the update.
Let’s say you transferred $10,000 each into investment portfolios A and B. Portfolio B made a loss of $100 while the value of Portfolio A remained the same.
- Current Market Value of Portfolio A: $10,000
- Current Market Value of Portfolio B: $9,900
You then made a full withdrawal from Portfolio B (making it dormant) and transferred the proceeds to Portfolio A.
Before the formula update, you will see these figures on your account summary page.
- Current Value: $19,900
- Total Invested: $19,900
- All Portfolios Return: $0
After the formula update, you’ll see these data on your account summary instead.
- Current Value: $19,900
- Total Invested: $20,000
- All Portfolios Return: - $100
Before the formula update, Total Invested was shown as $19,900 and All Portfolio Returns as $0 due to the exclusion of dormant accounts. The new formula corrects this by showing the Total Invested as $20,000 (amount you actually transferred to Syfe) and All Portfolio Return shows a loss of $100 from Portfolio B.