Tag #Investment Reporting

How do the disclosed fees in standard reports compare to the total costs, and what measures are being taken to improve this reporting?

Bradley advocates for utilizing the "Performance and Fees Report," a regulatory-mandated document, to assess investment performance and fees. He emphasizes that while this report shows direct charges, it omits embedded fund expenses, which often constitute a major portion of the total cost. The Canadian Securities Administrators are working on "Total Cost Reporting" to improve transparency.