Your statement provides a recap of what’s happened during the period, as well as a snapshot of where you stand. \nHow much do I have?\nYour portfolio at a glance summarizes the value of your registered and non-registered investments. The amount of your total investments is the same as the current value.\nBook cost is the total amount paid to purchase an investment, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations.\nHow are my investments diversified?\nYour asset mix shows how your portfolio is allocated among three asset classes: money market, fixed income and equity. Balanced funds and asset allocation funds will be split between the fixed income and equity categories. Your asset mix may change each quarter as a result of fund activity.\nWhat transactions have I made?\nYour activity summary lists the total amounts of transactions within your portfolio for the quarter and for the year. It may include investments, redemptions, fees, taxes or transfers. The change in value line shows the impact of capital markets on your investments.\nWhat am I invested in?\nIf you have registered investments and non-registered investments in your portfolio they are reported separately.\nIn the summary, you will see:\n\n a list of your holdings - if your holdings include investments that may be subject to a deferred sales charge (DSC) upon redemption, they will be marked with an asterisk in the summary\n \n \n \n book cost - the total amount paid to purchase the investment, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations\n \n \n \n current value - the market value of the investment at the end of the reporting period\n \n \n \n per cent of holdings - the percentage of your plan/account that each investment represents\n \n \n \n\nDepending on your plan/account type, additional information will be provided, such as a contribution summary, payment summary or income summary. \nIn the plan detail, you will see the details and transactions for each holding.\nWhat is my personal rate of return?\nYour performance summary summarizes how each of your plans/accounts have performed year-to-date, as well as the last one, three and five years, if you were invested at the starting date for each period. \nHow is my rate of return calculated?\nYour rate of return may be different than the fund's or investment’s rate of return. It uses a dollar-weighted formula that is consistent in the Canadian investment industry.\nIt also takes into consideration your plan/account activity, including any amounts that are withdrawn or contributed, and when these transactions occur. Details of these activities can be found in your performance summary, such as:\n\n amount invested (new contributions, transfers in)\n amount redeemed (withdrawals, transfers out)\n\nYour returns will also reflect the mix of investments and risk level of your plan/account. When you review your returns, consider your investment goals and the amount of risk you’re comfortable with. \nWhat’s the next step?\nOpen your mail and be ready to decipher your investment statement!\n \nDisclaimer\nThe views and opinions expressed in this article are those of the author and do not necessarily reflect that of Chartered Professional Accountants of Canada (CPA Canada).