Annual Return Assumptions Changed Overnight
The Annual Return assumption changed overnight for one of my linked accounts. Why did this happen?
WealthTrace will assign the annual return based on an investment account's holdings, asset classes, and the default annual return assumptions for each asset class. For more information on asset class annual return assumptions, go here. For linked accounts, the holdings can change based on market movements and/or trades. When the holdings in an account change, the annual return can also change based on the new asset class mix.
Note that if you have overwritten the annual return assumption in the Annual Return section as you see below, the annual returns will not update daily unless you select the option to 'Reset Annual Returns to Default Values.'
