DALBAR Canada Awards Best in Investor Statements for 2017
(Toronto, ON August 22, 2017) DALBAR recognizes Dynamic Funds and MD Financial Management as the #1 ranked investor statements in the mutual funds and full service brokerage industry respectively. DALBAR’s Trends and Best Practices in Investor Statements Rankings evaluated a total of 22 statements for clarity, content and design.
This year 32% of statements evaluated earned an “Excellent” designation from DALBAR receiving more than 80 points out of 100. For the first time in two decades, client preferences for transparency coupled with regulatory pressures helped bring fee disclosures and personal rates of return to the forefront of investor statements.
“Investor statements are finally offering a complete picture to clients holding financial products. Investors have been very clear what information they value on statements and many more firms are now doing their best to communicate those pieces of information in a clear and informative fashion” said Anita Lo, Vice President at DALBAR.
DALBAR has spent the last two decades evaluating and benchmarking investor statements. DALBAR’s evaluation examines whether statements include features that strongly impact an investor’s ability to access and understand important information as well as whether they include all of the primary and secondary content needed by the investor. Last but not least, the design elements that positively and negatively affect the overall appearance and communication effectiveness are evaluated. Each year, DALBAR identifies which investor statements provide the best experience from the investor’s perspective.
For more information on DALBAR Canada’s Trends & Best Practices in Investor Statement Rankings, please contact firstname.lastname@example.org or 800.993.0128.
DALBAR, Inc. is the financial community’s leading independent expert for evaluating, auditing and rating business practices, customer performance, product quality and service. Launched in 1976, DALBAR has earned a reputation for consistent and unbiased evaluations of investment companies, registered investment advisers, insurance companies, broker/dealers, retirement plan providers and financial professionals. DALBAR awards are recognized as marks of excellence in the financial community.