The Final Market Value of my portfolio does not reflect taxes. Most users will find Scheduled Portfolios useful for hypothetical portfolios. For example, you can show a client what her situation would be today, had she come to you for investment advice three years ago.
Scheduled Portfolios take into account loads, taxes, and cash flows.
They use the portfolio's actual investment history to calculate final values. Some financial planners might find Scheduled Portfolios helpful for reporting purposes, as well. Unscheduled Portfolios are useful for showing your client how her portfolio looks today because they use current allocations to determine current composition and weighting information. Check the inception date on the fund in Research View. Often, there will be a number of share classes for a particular fund, some younger than others.