Posted by: admin : Category: The term investment statement is used in a number of contexts in different countries. Sometime those with interest-earning bank or building society accounts are issued statements on a yearly basis, indicating how much interest they earned during that year. This is often required for tax purposes.
In some countries, companies issue investment statements, describing the nature of the company, its activities within the market place, any forms of debt finance the company employs and what investors can expect if they buy the company’s bonds.
By law, investment advisors are often required to issue investment statements if asked to do so. The statements should describe any relevant criminal convictions the investment adviser has, whether he or she is able to give broad-ranging investment advice or only within a narrow field, whether the investment adviser is paid for recommending certain investment products rather than others. These laws were created because of concerns that some people were being deceived by investment advisers who were being paid a commission for recommending products from specific companies. In many cases, those being advised were not aware of these connections and had no easy way to find out about them. The law was designed to provide transparency to potential investors.