Want to know how risky your portfolio is? How it performed in 2018 will give you a good idea
Your year-end investment statement will be hitting the mailbox any day now. You’ll also be receiving important supplementary information. The Canadian Securities Administrators (CSA) require that investment dealers and counsellors show clients their portfolio returns and fees paid in an annual report (which may come separately).
This is the best time you’ll have all year to assess how you’re doing and whether your provider is delivering the goods.
I should point out that Canadian investment firms aren’t known for their transparency so you may have to do some digging. If you’re receiving the bare minimum, then you should give your advisor or client service representative a nudge. They will be able to provide more information about fees, returns and asset mix.