So I have bought a good amount of Reliance ETF liquid bees to park some of my funds. Have been holding them for the past 3 months. The returns I was expecting was in the range of 5% to 5.5% in my hands, but I am getting units in the range of only 3.8%. On their website, they have claimed they have generated simple annualized (not compounded) returns of 5.67% over the last 15 days, whereas I’ve received only 3.8% simple annualized (average units received over 15 days multiplied by 365)
For 551.94 units, I should be receiving .085 units a day, whereas I am receiving. 058
Can someone clarify the disparity?