The middle graph displays either the Cumulative Client Return (Time Weighted) or Investment Growth Chart, depending on your selection when choosing the report options.
The Cumulative Client Return (Time Weighted) chart displays the client's return compared to the primary benchmark over time. This chart only uses TWR. The return percentage will not be annualized, as it is a cumulative figure. The time period on the graph will correspond to the date range of the report unless you selected to include the Investment Graph from Inception Date option; then it will display from the client's earliest account inception.
The Investment Growth Chart compares the client’s total market value to their cumulative contributions over time. The time period on the graph will correspond to the date range of the report unless you selected to include the Investment Graph from Inception Date option; then it will display from the client's earliest account inception.