This article explains what the Capital Gain figure on the Portfolio page measures and how to check it when the number looks unexpected.
What Capital Gain Means
The Capital Gain figure on the Portfolio page is a performance figure for the selected date range.
It shows the change in value caused by price movement during that period. It can include:
Realised gains or losses from holdings sold during the selected date range.
Unrealised gains or losses on holdings still owned at the end of the selected period, based on the market price Navexa uses for that date.
Purchases, sales and other cashflows during the period are accounted for when calculating performance. The Capital Gain figure is therefore not simply the portfolio’s closing value minus its opening value.
Card And Holding Rows
The Capital Gain card and the Capital Gain figure in a holding row cover different things.
The headline Capital Gain card covers the whole selected portfolio.
The Capital Gain figure in a holding row covers that individual holding.
A holding row should not be expected to match the headline card. Filters can also limit which holdings appear in the table, while the headline card represents the whole portfolio.
What Capital Gain Excludes
The Capital Gain figure does not include dividends or distributions. Navexa shows this separately under Income Return.
For international holdings, Navexa shows the effect of currency movement separately under Currency Gain.
Total Return combines the relevant return components, including capital, income and currency movement.
How Date Range Affects It
Navexa calculates Capital Gain from the start to the end of the selected date range.
For unrealised gains or losses, Navexa uses the market price available for the end date of that period. This means a historical date range is based on the price for its historical end date, not today’s market price.
For example:
This Financial Year shows the capital gain for the current financial year to date.
Last Financial Year shows the capital gain for the previous financial year.
All Time shows the capital gain across the portfolio’s full history.
Custom Range lets you choose your own start and end dates.
Changing the date range can change the Capital Gain figure significantly.
How The Chart Works
The Capital Gain chart shows how the portfolio’s capital gain changed over time.
Each point is a historical value at that date. It is not a separate gain to add to the next point, and Navexa does not accumulate historical peaks to produce the headline figure.
If the chart reaches a peak and later falls, the headline Capital Gain reflects the value at the end of the selected period. The earlier peak is not added to or preserved in the final figure.
Do not add monthly chart values or historical peaks together. Use the headline card for the result across the selected period.
Capital Gain And Tax Reports
The Portfolio page Capital Gain figure is different from the figures in Navexa’s tax reports.
The Portfolio page figure measures performance. It can include both realised and unrealised gains or losses for the selected date range.
The Capital Gains Tax report focuses on realised capital gains and losses from disposal events during an Australian financial year.
The Unrealised Gains report is a tax-planning report. It estimates unrealised capital gains or losses if current holdings were sold at the selected valuation date.
These figures can differ because they measure different things.
If The Figure Looks Wrong
Check the following before contacting Navexa Support:
Confirm that you’re viewing the correct portfolio.
Check the selected date range, particularly its end date.
Clear any holding filters and select All Positions.
Confirm whether you’re comparing the whole-portfolio Capital Gain card with a single holding row.
Remember that historical chart values and peaks are not added together.
If the figure still looks incorrect, contact Navexa Support and include screenshots showing:
The portfolio name.
The selected date range.
Any active filters and the All Positions setting.
The Capital Gain card and chart.
The relevant holding rows.
Which Figure To Use
Use the Portfolio page Capital Gain card to understand capital performance across the selected portfolio and date range.
Use the Capital Gains Tax report for realised capital gains and losses used in Australian tax reporting.
Use the Unrealised Gains report to estimate the tax position of holdings that have not been sold.
Remember, this is general information, not personal financial advice.