It should not be a mystery.
So you requested that your advisor (or their assistant) send you a portfolio summary (hopefully consolidating all of your "household" accounts) and it includes a "Monthly Equity Growth Graph", something like this sample portfolio:
(right click "open image in new tab" to enlarge if you wish)
The rates of return in this particular situation are as of May 24, so for comparison purposes you want to pick your benchmark return dates to match the return dates on the chart.
The longer term "annualized rate of return since inception" (from September 13, 2012) should be matched with benchmark returns from the indexes you choose for the same dates.
For our purposes we use the MSCI All Country World Index (ACWI) for equity assets (2500 companies from 23 developed countries and 23 developing countries) and the Canadian Bond Index (XBB).
If you have a 60% equity and 40% fixed income portfolio:
For the 1 year period (May 22, 2015 to May 24, 2015):
I hope that this helps you all to be able to determine how your portfolios are doing and... to justify the fees that you are being charged. Need help, let me know.
And...as a reminder: historical performance is in no way a guarantee of future performance. Although at High Rock we do work our butts off to try to get the best risk-adjusted returns that we possibly can because we invest our money in the same models as our clients.
Feedback always appreciated...
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Scott Tomenson,CIM Managing Partner, Chief Investment Strategist