I’ve noticed that when IE move funds out of a SIPP to cover account fees, it reduces the portfolio’s displayed “Net Contributions”. I assume this impacts the portfolio’s performance calculations, making it look (very slightly) better performing than reality.
Wouldn’t it be more accurate to not reduce the portfolio’s net contributions? If I put £100 in a portfolio, I want to understand the total net gain (after any and all fees) in relation to that original £100 investment.
With the way things are done now, over an extended timespan, you could conceivably end up with an account showing £0 net contributions (or negative net contributions) despite having grown considerably in that time.