Residual return
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Residual return

Residual return is the difference between the sum of all calculated returns and the actual return, as supplied in the portfolio file.

Ideally, residual returns will always be zero. In practice this is unlikely to be the case, as security-specific factors may lead to slight differences between the calculated and the actual return. If a residual return is significant, this may be indicative of a pricing issue.

FIA can assign residual return to any category required.