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Transcript - How Can I See My Investment Performance and Fees?

Transcript

Hi. Today I’m going to tell you about two new reports designed to help you better understand your investments with MD.

They are the Investment Performance Report and the Fees and Compensation Report.

MD is owned by the CMA, and our mandate is to enhance the financial outcomes for Canadian physicians like you. As part of this mandate, we are committed to meeting and exceeding the regulatory standards for communicating with you about your investments.

The Investment Performance Report outlines how your investments have performed over the previous calendar year, after costs have been deducted. This report gives you and your MD Advisor a snapshot of how your investments have performed and to help you determine whether you are on track to meet your financial goals.

The Fees and Compensation Report provides a summary of your total investment costs over the past year. This includes the administrative costs of your account, commissions paid on securities transactions and any compensation received by MD for these services.

Together, these reports provide a 360o view of your portfolio, its performance and the costs of your investments. At MD, we go above and beyond to give you a clearer picture.

For example, industry regulators say that investors must be shown only a portion of the Management Expense Ratio, or MER, for each mutual fund they own—the portion paid as compensation to their investment dealer.

But at MD, we disclose the total cost of your mutual fund holdings, including the compensation to MD and the rest of the fees that you pay to hold your investments.

Perhaps most importantly, if you compare the total MERs of MD mutual funds, you will find that they are, on average, a full 30 percent below the average cost for comparable mutual funds in Canada.1

1MD compared the management expense ratio (MER) for MD mutual funds and MD Precision Portfolios with the average mutual fund MERs for comparable funds, using data from Investor Economics as of June 1, 2016.

To see why that matters, consider a 40-year old investor with a $500,000 portfolio and 20 years to prepare for retirement. Depending on the investor’s personal situation, that 30% savings could be worth an additional $139K by the time they retire.

At MD, our priority is for you to meet your financial goals, not for us to maximize corporate profits. That’s why we offer transparent reporting on your investments, physician-focused advice and some of the world’s best asset managers at some of the lowest fees in Canada.1

1MD compared the management expense ratio (MER) for MD mutual funds and MD Precision Portfolios™ with the average mutual fund MERs for comparable funds, using data from Investor Economics as of June 1, 2016.

You can access your reports online by logging in to the secure website at md.cma.ca. By going paperless, you can see all your account information, save time and help the environment too.

Our website contains other educational videos, webinars, articles and financial tools that we hope you’ll also find useful.

If you have any questions or want more information, please speak with an MD Advisor.

This has been an MD Quick Clinic.

Thanks for watching.


LEGAL

The information is presented for illustrative purposes only and is not indicative of any investment. Past performance is no guarantee of future results.

©2016 MD Financial Management Inc.

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, photographing, recording or any other information storage and retrieval system, without the express written consent of MD Financial Management Inc.

MD ExO® Trademark of the Canadian Medical Association, used under licence.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed. Their values change frequently and past performance may not be repeated. To obtain a copy of the prospectus, please call your MD Advisor, or the MD Trade Centre at 1 800 267-2332. The MD Family of Funds is managed by MD Financial Management Inc., a CMA company.

MD Financial Management provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit md.cma.ca.