Investment portfolio statements

How to read your investment statements

 

 

An essential tool for understanding your finances

Your statement's logical, intuitive structure makes it easy to find the information you need.

Exemple de relevé de portefeuilles d’investissement
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Portfolio Summary

Track the progress of your investments with an overview of the total market value of your accounts in Canadian dollars for the current and the previous statement period.

Consult the Account Type column for a list of the account types and currencies held in your portfolio.

You can also refer to the Foreign Exchange Rate section for the rates used to convert other currencies to CAD.

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Portfolio Asset Allocation

This section shows how your savings are spread over different types of investments, including:

  • Cash and equivalents
  • Fixed-income securities and fixed-income funds
  • Equities and equity funds
  • Other assets

The colour coded pie chart provides a visual snapshot of the asset allocation of your portfolio.

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Inside This Statement

Refer to this table of contents for quick access to detailed information about a specific account.

Annual Reports refers to the Investment Performance Report and the Annual Fees and Compensation Report. These reports are sent once a year, along with your December investment portfolio statement.

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Portfolio Information

Find key information about your account, including:

  • Your client ID number (sequence of 6 letters and numbers)
  • Your delivery preferences (electronic or paper) for various documents, such as portfolio statements, trade confirmations and tax slips
  • Duplicate copy requests (if any) to be sent to a third party
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Your Advisory Team

If your personal or financial situation changes or if you have any questions about your investment portfolio, get in touch with one of our advisors. 

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Foreign Exchange Rates

Consult the foreign exchange rates* used to convert the amounts in the Portfolio Summary and Portfolio Asset Allocation sections into Canadian dollars.

*The foreign exchange rate used is subject to change without notice. Rate changes can affect the value of your investments.

This section contains important information related to your statement, such as:

  • Account information
  • Legal and regulatory notices
  • A glossary of the main terms
  • A list of abbreviations that may be used in your statement
  • Explanations of the indicators that may appear in the Asset Details section

Keep up to date on regulatory changes and news items related to your investment portfolio.

Track your cash flow activities. This section shows the cash generated by selling assets and the cash spent buying assets. It also lists any dividends and interest you may have received.

  • Investments bought, sold or redeemed: all buy and sell transactions, redemptions, matured investments, and exercised or expired stock options.
  • Withdrawals or deposits: all cash withdrawals and deposits, cash contributions to registered accounts and payments made by a third party (reimbursement, grant, subscription).
  • Management and custody fees: amounts paid for fee-based services.
  • Interest: interest paid by you (debit) or paid to you (credit) for investments held in your account.
  • Dividends: dividends received by you.
  • Distributions: income generated from various types of investments such as mutual funds, real estate investment trusts (REITs), income trusts, etc.
  • Withholding taxes: taxes withheld at source (e.g., on withdrawals from registered accounts).
  • Administrative fees: administrative fees for your account.
  • Other: federal and/or provincial taxes such as GST, QST and HST.

Examine the details of each investment held in your account by asset class: cash and equivalents, fixed income securities and fixed income funds, or equities and equity funds. Securities considered to be cash equivalents include fixed-income securities with a term of less than one year, money market funds and savings bonds. The percentage column shows each security as a percentage of the total market value of your investment portfolio. The status column provides information on how securities in your accounts are held. The two main categories are:

  • SEG (segregated): Fully paid securities that are segregated and held for you.
  • UNSG (unsegregated): Securities being held as collateral for your margin loan, which are therefore not segregated.

 

Discretionary Managed Solutions

If you hold a Discretionary Managed Solution in your account, a separate Asset Details section will show the managed solution product as well as the underlying investments (when applicable).

Review all the transactions carried out in your account during the period covered by your statement, in chronological order. For each activity, the settlement date, description, quantity and price are clearly shown, as are the net amount and the balance.

Pending Transactions

Transactions whose settlement date is after the statement period will be clearly listed in a separate section. Those transactions will not be included in the current month's Portfolio Summary, Cash Flow Summary and Asset Details sections. However, they will be reflected in the following month's statement.

Review useful information related to the registered account(s) held in your portfolio. The following is an example of the type of information that may be included in this section.

RRSP (individual or spousal)

Information provided about your RRSP:

  • The designated beneficiary(ies) we have on file for you.
  • Your year-to-date contributions (contributions in the first 60 days of year and in the remainder of the year are shown separately).
  • Amounts contributed to your personal and/or spousal RRSP (if applicable).


RESP (individual or family)

Information provided about your RESP:

  • The name and date of birth of the plan beneficiary(ies), as well as the distribution of contributions
  • Your contributions and the federal and provincial grants* received in the plan


*Based on your province of residence

 

RRIF (individual or spousal)

Information provided about your RRIF:

  • The designated beneficiary(ies) we have on file for you.
  • The amount withdrawn since the beginning of the year.
  • The age used to calculate your payment as well as the minimum amount to be withdrawn during the year.
  • Your selected amount, frequency and withholding tax rate* for the current year


*Based on your province of residence

Other useful information

Statement frequency

Your statement will be sent to you quarterly and at the end of any month in which there has been a transaction in any of your accounts.

Account description

A description of each account is provided in a separate section, which lists the account name, currency, account type and account number. If you hold a fee-based account, the program name will also appear in this title.

Amounts in parentheses

Amounts in parentheses represent negative values (e.g., ($136.27)). If your account balance appears in parentheses, you’ll need to cover this debit quickly to avoid interest charges or the liquidation of assets in your account (except in margin accounts, which are allowed to carry a certain negative balance).

Details on interest and dividends

A summary of interest and dividends is shown in the Summary of changes in cash. The detailed list appears in the Details of Activities section.

Need more information on your statement?

Our experts will be pleased to help you understand the documents we send you.

 

Find an advisor

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1-800-361-9522

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info@nbf.ca