What is the difference between “Realized Gain/Loss” and “Unrealized Gain/Loss”?


A “realized” capital gain/loss is an increase (or decrease) in the value of a security that occurs when the security has been sold by the portfolio manager. A realized gain/loss is reflected on the participant website, as “Realized Gain/Loss.

An “unrealized” capital gain/loss (also called a "paper profit or loss") is an increase (or decrease) in the value of a security that has not been sold. Any unrealized gain is reflected on the participant website, as
“Unrealized Gain/Loss.


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