Your firm uses a standard formula to calculate the change in your investments’ market value over the past year and since you opened your account. You can also find the market value of your investments in your monthly or quarterly account statements.

What if my investment is non-determinable?

If your investment is marked as “not determinable,” it means that your firm cannot reasonably determine its market value using the standard formula. In such a case, it may mean that your investment can’t easily be resold, or that there is little data available on either the company selling the investment, or that the cost to purchase that investment is no longer a good estimate of its market value.

Plant growing with a percent icon in a speech bubble to the right side
Your personal rate of return is unique to you and is calculated using a “money-weighted” formula.

The report will also tell you the total percentage return for your account, which is otherwise known as your personal rate of return. This reflects how your account performed in the past year and since its inception date. Over time, this report will also include information about your account’s performance over the past three, five and 10 years (if it’s open that long).

Your personal rate of return is calculated using a “money-weighted” formula, which reflects any deposits or withdrawals you made to or from your account, the income you earned (such as dividends or interest), and changes in the market value of the investments that you’re holding in the account.

This is different from a “time-weighted” calculation of your account’s performance, which only shows the rate of return for money that is invested and left in the same investment until the end of a certain time period (such as one year). A time-weighted rate of return doesn’t reflect any deposits or withdrawals you make into or out of your account, meaning that it doesn’t consider how your account’s performance is affected by its cash-flows.

By seeing how the deposits and withdrawals to and from your account have affected the dollars and cents of its overall value, you can get a better sense of how your contributions and investment performance are moving you toward your financial goals.

Area graph with fees speech bubble to the right

B Charges and fees

The fees that you pay to your firm for the advice and services it provides you also have an impact on the overall performance of your account.

When you pay a fee, you’re paying for the various services that your firm provides, which can be different depending on your firm or the type of account that you have. This includes things like providing advice or a review of your financial goals, determining your risk profile, assisting you with building your financial plan, trading securities on your behalf and providing you with statements about your account.

Not only do you reduce your account’s performance by paying fees, you also miss out on the compounding power that the extra money would have made.

However, fees can add up considerably over time, and even a fraction of a percentage can have a significant impact on the long-term value of your account. Not only do you reduce your account’s performance by paying fees, you also miss out on the compounding power that the extra money would have made.

The new report on charges and fees breaks down the fees that you’ve paid over the past year to maintain your account and make trades. It also shows incentives that are paid to your firm by others, such as trailing commissions or referral fees. This report will be sent along with your account performance report so that you can consider the value of the advice and services that your firm has provided.

With this new report, your firm is required to itemize the cost of everything from embedded trailer-fees to redemption fees, commissions, switching fees and RRSP administration fees, as well as provide you with a dollar figure of the total amount that you paid in fees over the past year.

Keep in mind that the report on charges and fees is not a breakdown of your advisor’s personal compensation, but rather the compensation that has been paid to the firm.

The report on fees is also not a report on the cost of the investment products that you own, but rather the cost of the advice provided to you by your firm. Fees that are charged within an investment fund, such as management fees, are not included as operating charges in your report.

If the manufacturer of a mutual fund (or similar product) that you’re holding in your account is taking a fee directly out of the fund’s earnings, you’ll find that listed in the Fund Facts (or other disclosure documents) that the manufacturer provides, under the product’s “management expense ratio.”

To find out more about the fees that are applied to the actual investments that you own, you should speak to your firm or check the product’s disclosure documents, such as Fund Facts for mutual funds. Reading the product disclosure alongside the new report on charges and fees should give you a comprehensive look at the total cost of your investments.

A sign post in between two different graphs depicting investment options

Making decisions about your money

When taken together, these new annual reports can help you make sense of the fees that you’re paying to the firm investing your money and the performance that you’ve received over time.

These are important factors when it comes to making decisions about your money. Knowing how you’re progressing toward your financial goals, and when it may be time to adjust your plan in order to meet them, is part of being an informed investor.

Knowing how you’re progressing toward your financial goals, and when it’s time to adjust your plan in order to meet them, is part of being an informed investor.

While these new reports are designed to increase the transparency around your account’s overall performance, there are many other factors that you should consider and be aware of when it comes to making decisions about your money. It’s important to ask questions and know where to look for help with understanding your investments.

Take the time to review these new reports and understand what they’re telling you about your money.

Take action

  1. When you receive your next annual statement, make sure that you take the time to review these new reports and understand what they’re telling you about your money.
  2. Talk to your firm if you have questions or concerns about your account’s performance over the past year, or if you want to know more about how the fees you’re paying relate to the advice and services that your firm has provided.
  3. Visit GetSmarterAboutMoney.ca to learn more about investing, including information on working with an advisor, monitoring the performance of the products that you’ve invested in, and diversifying your portfolio.

This message is brought to you by the Investor Office of the Ontario Securities Commission. The Investor Office sets the strategic direction and leads the Ontario Securities Commission’s efforts in investor engagement, education, outreach and research. The Office also brings the investor perspective to policy-making and operations. Learn more at InvestorOffice.ca.

วิเคราะห์ บอล ฝรั่งเศส เน ชั่ น ลีก วันนี้| ทดลองเล่นสล็อตฟรี w88ถอนได้| คำคม วง พนัน| วิเคราะห์ บอล วัน นี้ สปอร์ต พลู สปอร์ตแมน| อิตาลีบอล วิเคราะห์| สล็อต โร มา โจ๊ก เกอร์ วอ เลท| วิเคราะห์บอล ลิเวอร์พูล คืนนี้| เว็บพนัน ฝากขั้น ต่ํา 50 โบนัส 100| สล็อต ฝาก200 รับ400| line รับเครดิตฟรี ไม่ต้องฝาก| คาสิโนฟรีเครดิต2021 เว็บบอร์ด| ยืนยัน otp รับเครดิตฟรี 50 w88slot ล่าสุด| หมุนวงล้อเพชร free fire| วิเคราะห์บอลอังกฤษกับยูเครน| account สำหรับ ทดลอง เล่น sbobet ฟรี| เกมไพ่เล่นกับเพื่อน| ข่าว จับบ่อนออนไลน์ ล่าสุด| แอพ puppy town ได้เงินจริงไหม| ทางเข้าgclub royal|