Understanding Your Statement
 
BestVest Investments, Ltd. customers receive a comprehensive statement every month in which there is activity in the account; accounts with no current activity will receive statements on a calendar quarterly basis. Statements will reflect all activity and positions through the last day of the month.
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How to Read Your Statement

1. General Account Information

2. Account Value Summary - A comparative analysis of your total market value broken out by type of security and percentage of portfolio. Margin loan information and other liabilities will also appear, netted against total assets to produce your total account value.

3. Earnings Summary - Shows the current period and Y-T-D taxable income, nontaxable income, and deductions on your portfolio.

4. Account Value Detail - Shows a detail listing of positions by type of security along with the current price (as of the statement date) and market value for those positions.
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5. Account Activity Summary - Shows the total debits and credits in your brokerage account for the period by activity category.

6. Securities Purchased and Sold - A chronological listing of trading activity.

7. Deposits and Withdrawals - A chronological listing of all receipts and disbursements of cash in your brokerage account including any check writing activity.
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8. Dividends and Interest - A chronological, detailed listing of income for the period.

9. Other Debit and Credit Activity/Actions Affecting Your Portfolio - This section contains activity that includes transfers in or out of securities, mutual fund dividend reinvestments and other miscellaneous activity.

10. Money Fund Sweep Activity - Shows fund sweeps between your money market fund and brokerage account.

11. Trades Settling Next Period - A listing of executed trades that have not settled by the closing date on the statement.
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12. Open Orders - A listing of orders placed and pending execution when and if market conditions permit.

13. Retirement Account Summary - Shows contributions and distributions for the current and prior year as well as account value at the beginning of the calendar year.
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