Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

COBS 16 Annex 2R Information to be included in a periodic report

This annex forms part of COBS 16.3.1 R.

Periodic information (all cases)

1.

the name of the firm;

2.

the name or other designation of the retail client's account;

3.

a statement of the contents and the valuation of the portfolio, including details of:

(a)

each designated investment held, its market value or fair value if market value is unavailable;

(b)

the cash balance at the beginning and at the end of the reporting period; and

(c)

the performance of the portfolio during the reporting period;

4.

the total amount of fees and charges incurred during the reporting period, itemising at least total management fees and total costs associated with execution, and including, where relevant, a statement that a more detailed breakdown will be provided on request;

5.

a comparison of performance during the period covered by the statement with the investment performance benchmark (if any) agreed between the firm and the client;

6.

the total amount of dividends, interest and other payments received during the reporting period in relation to the client's portfolio; and

7.

information about other corporate actions giving rights in relation to designated investments held in the portfolio.

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