text: Investment Performance Guy: Which version of Modified Dietz is better?
  YunOctober 25, 2010 at 12:04 PMI work for public fund. Custodian bank BNY Mellon uses the 2nd version. It shows the cash flow adjusted BMV and EMV.ReplyDeleteDave SpauldingOctober 25, 2010 at 2:47 PMYun, thanks for the note. I'm aware that some firms use this approach, but as noted earlier find it less intuitive and less commonly employed.ReplyDeleteAdd commentLoad more...