Remitly Global is a holding company. Through its subsidiaries, Co. is engaged in digital financial services for immigrants who working aboard. Co. provides financial services to immigrants, including helping customers to send money, savings, credit, investments and insurance products by using digital channels via mobile app or the web. The RELY average annual return since 2021 is shown above.
The Average Annual Return on the RELY average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RELY average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RELY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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