Other important information
Your portfolio statement will be sent to you each quarter and any month in which there has been a transaction in one or more accounts.
Amounts in parentheses
Amounts that appear in parentheses represent negative values (e.g., ($136.27)). If you see parentheses around your account balance, you’ll need to cover this debit quickly in order to avoid interest charges or liquidating transactions in your account (except in margin accounts, which are allowed to carry a negative balance).
Interest and dividends details
You can find a summary of interest and dividends in the Cash Flow Summary. The detailed list appears in the Activity Details section.
Why your statements are important
Brokerage accounts offered at National Bank Direct Brokerage are self-managed accounts; therefore there is no representative assigned to your account. This means that the portfolio statement we send you is our main communication with you. For this reason, it is very important that you take the time to read your statement and the information that it contains.
This guide is intended to provide clients with a better understanding of their portfolio statement features and to address potential questions. It is not to be construed as a recommendation to buy or sell the securities that may be mentioned herein or for any products or services offered by National Bank Direct Brokerage. Security values depicted in images are for illustrative purposes only and may not reflect the value of the relevant security as of the date shown.
National Bank Direct Brokerage Inc. is a wholly owned subsidiary of National Bank of Canada. It offers no advice and makes no investment recommendations. The client alone is responsible for the financial and fiscal consequences of his or her investment. Member of the Canadian Investor Protection Fund.