User Guide. investmentpro 2018/09/15

Transcription

1 User Guide investmentpro 2018/09/15 1

2 Table of Contents Using Quick Search for Managed Indexed Accounts 3 Using Advanced Search for Managed Indexed Accounts 4 Sorting Your Search Results for Managed Indexed Accounts 5 Viewing Details for Managed Indexed Accounts 6 Saving Search Results for Managed Indexed Accounts 8 Loading a Saved Fund List from Quick Search 10 Viewing Details on Market Indexed Accounts 12 Viewing Details on Guaranteed Market Indexed Accounts 14 Viewing Details on Daily/Guaranteed Interest Accounts 19 Selecting and Printing Quick Reports 20 Viewing Details on Top/Bottom Funds 21 Glossary of Terms 23 investmentpro User Guide 2

3 Using Quick Search for Managed Indexed Accounts Step 1 Enter all or part of a Fund Name or Company Name. Alternatively, you can search for a Fund with a particular Holding(s). Step 2 Select the appropriate UL Plan Step 3 Click on Search. investmentpro User Guide 3

4 Using Advanced Search for Managed Indexed Accounts Step 1 Select the criteria for your search from the dropdown options Step 2 Click the Search button to run your search (or) Click the Save button to save your search criteria for future use investmentpro User Guide 4

5 Sorting Your Search Results for Managed Indexed Accounts Search Results Once you have clicked Search, you can sort your search results in ascending or descending order, simply by clicking on any column header. Click on any fund name to view more detailed information on that fund. investmentpro User Guide 5

6 Viewing Details for Managed Indexed Accounts OPTION 1 Select any of the tabs appearing below the fund name to view fund details. investmentpro User Guide 6

7 Viewing Details for Managed Indexed Accounts OPTION 2 Click the PDF Summary Report for a printable one page PDF report. investmentpro User Guide 7

8 Saving Search Results for Managed Indexed Accounts STEP 1 Select Funds you want to add to your Current List. STEP 2 Click on the Add to Current List button to add funds to your list.. investmentpro User Guide 8

9 Saving Search Results for Managed Indexed Accounts STEP 3 Once the Current List appears, select the funds you want to add to your saved list.. STEP 4 To create a list, click on Save and enter the name of you want to give to the list. To update an existing list, pick the list to update and click Save.. investmentpro User Guide 9

10 Loading a Saved Fund List from Quick Search Option 1 Select the funds you want to add to your Current List and click GO investmentpro User Guide 10

11 Loading a Saved Fund List from Quick Search Option 2 Select the Saved Search you want to view or modify and click GO investmentpro User Guide 11

12 Viewing Details on Market Indexed Accounts Step 1 Choose your UL Plan and click GO to view information that is specific to that plan investmentpro User Guide 12

13 Viewing Details on Market Indexed Accounts Step 2 Click on the name of the market index you want to view for additional information in PDF format investmentpro User Guide 13

14 Viewing Details on Guaranteed Market Interest Accounts GMIA The first and only one of its kind in Canada Exposure to equity market performance, with the security of a GIC Net rates of return are guaranteed never to be negative investmentpro User Guide 14

15 Viewing Details on Guaranteed Market Interest Accounts Option 1 GMIA illustrator Compares GMIA to alternative interest rates and market interest rates over a select period of time. Hit Illustrate to compare investmentpro User Guide 15

16 Viewing Details on Guaranteed Market Interest Accounts After ILLUSTRATE you will be able to review the numbers by graph or table investmentpro User Guide 16

17 Viewing Details on Guaranteed Market Interest Accounts To get a print out, simply click on Print Illustration investmentpro User Guide 17

18 Viewing Details on Guaranteed Market Interest Accounts Option 2 allows you to review historical GMIA Series including current Series for sales. For details, simply click on the Series investmentpro User Guide 18

19 Viewing Details on Daily/Guaranteed Interest Accounts Select VIEW PDF link to produce printable version of the screen investmentpro User Guide 19

20 Selecting and Printing Quick Reports Select your plan type and then click on the report you want to view to generate the appropriate PDF investmentpro User Guide 20

21 Viewing Details on Top/Bottom Funds Choose a category from the dropdown menu to narrow the search criteria and click Go investmentpro User Guide 21

22 Viewing Details on Top/Bottom Funds Click on any performance period to sort in descending (or ascending order). investmentpro User Guide 22

23 Glossary of Terms 1 Year Rank The ranking of the fund among its peer group on a 1 year simple return. Alpha Asset Allocation Asset Change Auditor Benchmark Beta Bias Correlation Current Assets Custom Portfolio Indexed Account A measure of the difference between a fund's actual monthly excess return and its expected monthly excess return, which in turn is based on that fund's sensitivity (beta) to the excess return for the benchmark index. The investment allotment of a designated fund's holdings among different kinds of assets, such as stocks, bonds and cash. The change in net asset value of a designated fund since the previous month or year. A fund Auditor serves as an independent check on the fund management. The auditor examines and reports on a fund's internal controls, financial and operational issues, providing assurance to the shareholders. A standard against which the performance of a security, index, mutual fund or investor can be measured. Beta is a measure of a fund's sensitivity to the market movement. The benchmark portfolio has a beta of one. A fund with beta greater than one is riskier than the benchmark and a fund with beta smaller than one is less risky than the benchmark. The fund manager's bias toward Large, Medium or Small cap securities. A statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. Correlation is computed into what is known as the correlation coefficient, which ranges between -1 and +1. If the correlation is 0, the movements of the securities is said to have no correlation, it is completely random. The net asset value of a fund including portfolio assets, cash and cash equivalents and other receivables and payables. An investment account that credits interest in the amount mirroring the net rate of return of a portfolio of funds. investmentpro User Guide 23

24 Designated Fund Designated Fund MER Fund Key Fund Managers Fund Type FundGrade Geographic Allocation Guaranteed Interest Account Holdings Inception Date An investment fund on which the performance of an Indexed Account is based. The Management Expense Ration, or MER, is the aggregate of all expenses related to the fund operation, including management fee, custodian fee, transaction fee, etc. on a percentage basis over the net asset value of the fund, excluding any UL Fee. A number assigned to an Account within an AIG Life of Canada universal life policy. An individual or company with direct responsibility for investment decisions relating to assets of an investment fund. Fund type classification based on the Canadian Investment Funds Standards Committee, such as Canadian Equity, U.S. Equity, or Canadian Bond. The Fundata FundGrade is a mutual fund rating system that is based upon independent measurement of risk, performance, and consistency. A fund must be strong in all three areas relative to its benchmark and to its peers in order to receive a good grade. The best selection would be an "A" fund. The investment allotment of a fund's holdings among different countries. An investment account that credits interest for a fixed term (similar to a GIC). The group of assets--such as stocks and bonds--held by an investor. In the case of designated funds, the investor would be the designated fund itself. No securities or assets are held in a UL plan. The date on which a mutual fund manager began to buy securities and record investment performance. investmentpro User Guide 24

25 Management Fee Market Indexed Account Managed Indexed Account Managed Portfolio Indexed Account Performance Portfolio Manager R-squared Sector Allocation Sharpe Sortino Standard Deviation The management fee is a certain percentage deducted from a fund's net asset value to pay the fund manager. Often the percentage declines as the fund's net assets grow. An investment account that credits interest in the amount mirroring the percentage change in value of a specified market index (ex. Standard & Poor's 500 Index or TSE 60 Index). An investment account that credits interest in the amount mirroring the net rate of return of a designated fund managed by a Canadian mutual fund company or other fund manager. An investment account that credits interest in the amount mirroring the net rate of return of a fund portfolio. Shows Daily, Simple, Calendar, Compound and Monthly returns. Also shows quartile ranking. The management company responsible for the overall fund strategy, as well as the buying and selling decisions of the securities in a fund's portfolio. A statistic to measure the percentage of a fund's movements that are explained by the movements of its benchmark. An R-squared of 100 means the portfolio performance is 100 percent explained by its benchmark. The higher the R-squared is, the higher the reliability of beta. The investment allotment of a fund's holdings among different sectors, such as Financials, Utilities, Health Care, etc. A measure of risk adjusted performance. It is the ratio of a fund's excess return (return - risk free rate) to its standard deviation. A higher Sharpe ratio is normally preferred. This indicates a higher return for the amount of risk demonstrated by the fund. Similar to the Sharpe Ratio, but instead of using standard deviation as the denominator, it uses Downside Deviation. A measure of risk which takes a fund's monthly return over a certain period, and calculates the average deviation from the mean. The higher the standard deviation, the riskier the fund is. investmentpro User Guide 25

26 Style Tax Efficiency Top Holdings Treynor Universal Life Insurance Volatility The approach that the fund manager is taking for choosing investments. Can be either: Value (looking for situations in which the book value of the company is close to or exceeds its market price) Growth (seeking out growth companies in which earnings are expected to grow at an above average rate in the future) Blend (uses a combination of Value and Growth), or Sector ( choosing from a sector that they feel will outperform the overall financial market). The percentage of the after-tax return over pre-tax return. A list of a fund's top holdings as a percentage of total assets. A measure of risk adjusted performance with the assumption of a well diversified portfolio, which only contains market risk. It is the ratio of a fund's excess return to its Beta or market risk. A higher Treynor ratio is normally preferred. This indicates a higher return for the amount of market risk demonstrated by the fund. A permanent insurance plan that combines life insurance protection and a tax-deferred investment account. A statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security. investmentpro User Guide 26

27 We re here to help. Give us a call! WESTERN CANADA SALES OFFICE ONTARIO REGIONAL SALES OFFICE QUEBEC-ATLANTIC REGIONAL SALES OFFICE investmentpro User Guide 27

28 Information Disclaimer The information in this publication is intended as a summary of our products and/or services and may include projected values based on a set of assumptions. Actual results may not be guaranteed and may vary. Please consult the appropriate policy contract for details on the terms, conditions, benefits, guarantees, exclusions and limitations. The actual policy issued governs. Each policyholder s financial circumstances are unique and they must obtain and rely upon independent tax, accounting, legal and other advice concerning the structure of their insurance, as they deem appropriate for their particular circumstances. BMO Life Assurance Company does not provide any such advice to the policyholder or to the insurance advisor. TM/ Registered trade-mark of Bank of Montreal, used under licence. Insurer: BMO Life Assurance Company. investmentpro User Guide 28