New system, new statement
The first statement will show the value of your portfolio, including your RESPs, at the end of the 2nd quarter (as of June 30, 2009), after the successful transfer of your assets to the new system.
Mail date: starting July 27, 2009.
This client guide is included to help walk you through the statement and highlight some of the changes:
Reading your new MD Management Limited statement (361KB)
Correction to the guide, box #5: The RESP beneficiary table will not be reported as indicated in the guide. This is a known issue that will be addressed later this year.
Old system, zero balance statement
The second statement you will receive will show a $0 balance, confirming that your assets were transferred from the old to the new system. If you have RESPs you will also receive a separate statement for these accounts.
Mail date: starting July 31, 2009
Zero balance exception: Due to the timing of some month-end dividend or interest payments, a handful of accounts (starting with "5A") will report a positive balance at month end. A "conversion" transaction for the full amount will be reported on your next MD Management statement.
If you have any questions about your MD Management statements or would like more information about the conversion process and our new account management system, contact your MD Management advisor or the MD TradeCentre at 1 800 267-2332.
