In my last Announcement, I mentioned users wanted more and more detailed reporting.

  • We've added a new GAINS table in the year reports. 
    • This table breaks down the total investment gains by type (interest, foreign dividends, eligible dividends, capital growth), by account type and for each account. It also shows the total fees (account maintenance fees, trading fees, and MER fees) paid, and any foreign taxes withheld. Additionally, realised capital gains and losses are shown.
  • A new Sankey diagram right above the GAINS table shows the cash-flows in and out for the different account types types. 
  • To accurately report the MER fees, we need to capture these for your ETF and mutual fund investments (optional).
    • The Management Expense Ratio (MER) corresponds to the total cost of managing and operating the fund, expressed as a percentage of the fund's assets. It is charged indirectly to the investor by reducing the returns. Fund returns are always reported by the fund after deducting the MER. We ask if the expected rates of return have not already been reduced by the MER. If you check the box, then the MER entered will reduce the expected yields you entered in the TIME MACHINE. Leave the box unchecked if you do not want the returns to be reduced by the MER. In either case, you will see an estimate of the fees paid in total for each account in the GAINS table. 
    • We will be adding the current MER fees as defaults for the most commonly-held ETFs eventually, but you may need to look up up the MER fees for your fund.
  • You can now run 100 market-model simulations on Optimized scenarios. 
    • When you run the Withdrawal Optimizer or the CPP/QPP and Withdrawal Optimizer, there will be a button to run 100 market simulations on the results of that run (under Tools). For these simulation runs, the market model is used, but also your scenario will be modified (in the background) with the changes made to your scenario to reflect the results of the optimization. This means each simulation run will use the withdrawal strategy of the optimized run, and the optimal CPP/QPP start age(s) it calculated in the case of the CPP/QPP and Withdrawal Optimizer.

Please let me know if you have any questions or suggestions.