Allocations

The best way to provide growth values to an advisor calling in about a SEG account is...

• Look at the Capital Gains/Losses

• Provide the Rate of Return

Tax receipts are provided for Allocations received on registered accounts.

• True

• False

Clients hold direct units of the underlying Mutual Funds when holding Segregated Funds.

• True

• False

Units of a Segregated Fund Trust are considered notional units.

• True

• False

What types of taxable income can you find on your Segregated funds tax receipt (T3)? (Select All that Apply)

• Account Level Capital Gains/Losses

• Fund Level Capital Gains/Losses

• Distributions from the Underlying Mutual Fund

Allocations are determined based on a calculation that takes into consideration how many units were held and how long the segregated fund was held.

• True

• False

Every day is a record date for Segregated Funds.

• True

• False

Segregated Funds do not allocate Capital Losses.

• True

• False

Account statements should be offered for tax reporting purposes on Non-Registered Segregated Fund accounts.

• True

• False

Distributions from the underlying Mutual Fund will guarantee an Allocation.

• True

• False