facebookBeginner question regarding P/L for an ETF I bought.? - Seedly

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Anonymous

17 Sep 2020

General Investing

Beginner question regarding P/L for an ETF I bought.?

I bought SWRD.L at 23.505 @ 37 shares with 10.70 fee.

Currently now the price has gone up to 23.705, however it says I have a P/L loss of -14.01.

Can somebody explain why? It is because it hasn't updated yet? I am not worried about the loss, just wanting to learn how this works.

Discussion (4)

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I believe SCB includes the selling commission in their P/L figure. So meaning your gain has to be cover the commission before it is considered as profit.

It might be because of the broker fees. Or might be because of the currency loss. Some broker will take into account the current currency exchange rates and show your P/L. You can check with your broker to clarify.

Example, I invest in a US ETF, the ETF gain 2% over a period of time. During the same period, USD depreciates 4%. In this case, my brokerage account will likely show a loss (In terms of SGD).

Hi Anon,

Fret not! The broker usually shows you the final P/L after closing the trade accounting f...

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