Financial statements describe the financial health of a company. Notes on the statements include a description of the funds, accounting policies, management fees and expense ratios. Note: Reports are audited in December. June reports are unaudited. |
The schedule of investments discloses the amounts and names of securities held by the segregated funds. Financial statements are usually compiled on a semi-annual and annual basis, and at year end the statements are audited by a certified accountant. |