G'day all, Could someone be able to work the following out for me, and show me their calculations for doing so? This way I can learn from the calculations provided, and play around with different scenarios in Excel. The example I will provide is as follows; Q: How much money would I have made, over and above the original $50K I invested as of 30/Apr/07 (4 months worth)? Scenario: If I had invested $50,000 into the NavraInvest Retail Fund on 01/Jan/07, comprised of $25,000 borrowed from my LOC @ 7.42% and $25,000 as a Margin Loan @ 9.15%. All distribution money has been left in the fund, therefore interest is capitalised on both loans. The purpose of this is not only to educate myself with some formulas and calculations of working out possible scenarios, but also to be able to show my wife that investing in Managed Funds doesn't mean losing the lot tomorrow. If I haven't made myself clear in the above scenario just yell out. Thanks, Andrew.