Guide to understanding your annual costs report

Starting in January 2027, your 2026 annual costs report will be enhanced to offer a clearer picture of what you pay to invest

We believe transparency is a good thing

Informed clients make better decisions, which is why your 2026 annual cost report will show fund costs in dollars (alongside the percentages) for many common investments, and more. This enhanced disclosure reflects new regulatory requirements and is now an industry-wide expectation to improve clarity and transparency.

With added transparency, you may discover that your current mix of investments is exactly right — or that now is the right time to explore whether alternative options could better meet your goals.

These enhancements to the annual cost report create opportunities for meaningful conversations about costs, value, and the best path forward. 

Questions? Speak with a financial advisor. Our advisors are ready to discuss your specific situation and ensure your investment strategy still makes sense for you.

On this page

  • What's new in your 2026 annual costs report
  • Guide to understanding your annual costs report
  • Review your investment portfolio with your financial advisor
  • Your financial advisor provides value beyond investment returns
  • Frequently asked questions
  • Investment cost glossary
  • More about the regulatory changes

What's new in your 2026 annual costs report

You'll see three key regulatory enhancements on your 2026 annual cost report that provide clearer and more complete cost information:

Annual cost report enhancements significantly improve transparency by showing the total cost of owning many common investments, not just the fees you pay to Edward Jones (which is what you see on statements today).

Your Annual Costs and Our Compensation report preview

This preview of new or updated sections in "Your Annual Costs and Our Compensation" report illustrate the regulatory enhancements you can expect to see on your 2026 report. Your Edward Jones financial advisor is your partner in understanding these costs and the value you receive. If you have questions, please contact your advisor.

Review your investment portfolio with your financial advisor

Our job is to ensure every dollar you invest works as hard as possible for your goals. We'll help you figure out what's right for you.

Your financial advisor can help you:

  • Understand your specific goals
  • Review whether your current investments are still suitable for you
  • Identify optimization opportunities where appropriate
  • Understand the comprehensive value you receive

Some factors we'll discuss with you:

  • Your investment goals and timelines
  • Your preferred investment approach, for example active vs. passive management
  • Tax efficiency
  • Your overall financial plan

We welcome the updated cost transparency regulations as an opportunity to further align our work with your objectives and demonstrate the ongoing value of our partnership. Speak to your financial advisor.

Your financial advisor provides value beyond investment returns

Regardless of which investments you hold, your financial advisor provides comprehensive advice and value:

  • Personalized financial planning for life transitions
  • Behavioural coaching to help you stay invested during market volatility
  • Tax-efficient investment strategies
  • Estate and legacy planning guidance, and more. 

Speak to your financial advisor to see how clearer cost reporting supports better financial decisions. Edward Jones Canada was ranked the #1 Wealth Management Firm for Advised Investor Satisfaction among 16 advice-based firms* and #1 for product and service offerings in the JD Power 2026 Canada Investor Satisfaction Study℠—recognition that reflects our transparent approach and how we demonstrate our value and commitment to client trust.

*Edward Jones received the highest score in the advised segment in the JD Power 2026 Canada Investor Satisfaction Study, which measures the satisfaction of investors who may engage with any financial advisor(s). For JD Power award information, visit jdpower.com/awards.

This example is for illustrative purposes only and does not reflect your actual account or costs. Actual figures will vary based on your investments and activity. Please refer to your official report and consult your Edward Jones financial advisor for details specific to your account.

Frequently asked questions

If you have questions about your enhanced annual cost report and our compensation or would like more information about the regulatory requirements, explore the FAQs or speak with a financial advisor.

Investment term glossary

TermDefinition
Fund Expense Ratio (FER)Total annual cost of a fund, combining Management Expense Ratio (MER) and Trading Expense Ratio (TER). Shown as both percentage and dollar amount.
Management Expense Ratio (MER)Fund manager's annual fee for fund management, marketing, and operations.
Trading Expense Ratio (TER)Fund manager's costs for buying and selling securities within the fund (such as exchange or clearing fees).
Transaction CostsCosts associated with buying and selling securities in your account, such as fixed-income securities, equities, and certain types of mutual funds.
Operating CostsAmounts you paid for general administration of your account, including fees and charges on a one-time, monthly, or annual basis.
Trailing CommissionsOngoing payments from fund companies to Edward Jones for services and advice your Financial Advisor provides.
Compensation from Third PartiesAmount Edward Jones has received from other companies to provide ongoing services on your account.
Total Cost of InvestingComplete annual investment costs: transaction costs, operating costs, direct fund charges plus fund expenses.
  

More about these regulatory changes

Under new regulatory requirements called "Total Cost Reporting", investment firms and banks across Canada are now required to show you a more complete picture of investment costs — including expenses built into many common investment funds. These changes are guided by the Canadian Securities Administrators (CSA) and Canadian Investment Regulatory Organization (CIRO).

These aren't new costs — they've always been part of your investments. What's changed is the transparency of reporting, giving us more information to work with in planning your financial future.

At Edward Jones, we believe transparency goes beyond showing you the numbers. It includes having honest conversations that help you make informed decisions aligned with your life goals.

Edward Jones, its employees and financial advisors do not provide tax or legal advice. We strongly recommend that clients consult with a qualified tax professional to determine the tax treatment of costs and whether they may be deductible.