What is ‘Value Added Monthly Index – VAMI’
An index that tracks the monthly performance of a hypothetical $1000 investment.
The calculation for the current month’s VAMI is:
= Previous VAMI x (1 + Current Rate of Return)
Explaining ‘Value Added Monthly Index – VAMI’
The value-added monthly index charts the total return gained by an investor from reinvestment of any dividends and additional interest gained through compounding. The VAMI index is sometimes used to evaluate the performance of a fund manager.
Further Reading
- The portfolio implications of gold investment – joi.pm-research.com [PDF]
- THE INVESTMENT RETURNS OF INTERNATIONAL ENTREPRENEURS. – search.ebscohost.com [PDF]
- Are entrepreneur-led companies better? Evidence from publicly traded US companies: 1998-2010 – www.mdpi.com [PDF]
- A New Investment Style: Featuring an Index of Entrepreneurial Companies – jii.pm-research.com [PDF]
- The Rich Get Richer and So Can You: Investing in a Billionaires' Index – jii.pm-research.com [PDF]
- AIRAP—alternative RAPMs for alternative investments – www.worldscientific.com [PDF]
