Your investor profile

You can choose from many different investment products. In some cases the return is guaranteed, while in others it is not. Why are some investors willing to take risks? Because they hope to earn a better return. The fact is that the higher the expected return, the greater the risk you must be prepared to accept: guaranteed investments usually generate a lower return in the long run than financial products that are not guaranteed.

You can have different accounts with different investment goals

This questionnaire will give you an idea of your investor profile. You can of course have several accounts, each with different investment goals and horizons. For example, you can have an investment goal for your RRSPs, another for your RESPs and a third for your TFSA. Still, for tax considerations, your portfolio can be assessed globally. In any case, contact an AMF-certified representative, who will take your personal and financial situation into account.

Your personal investor profile

Some investors can handle seeing their investments fluctuate sharply from day to day, while others lose sleep over it. That’s why an investment that’s suitable for one person may not be so for another. To find out which investments suit your needs, you have to determine your risk tolerance. As a rule, the higher the risk, the higher the potential return. You therefore have to decide how much risk you are willing to take.

This questionnaire will give you some insight into your investor profile; however, it is not a substitute for advice from an authorized representative. Don’t hesitate to contact one for more accurate results. The AMF does not accept any liability in connection with the use of this tool.

1 How much do you want to invest?

Amount to invest immediately:
(single payment)
Subsequent investments:
(with periodic payments) Period

Do you plan on investing funds that you’ve already saved or do you plan on investing amounts periodically to save for a specific project you have in mind?

For example, if you have already saved $2,000 and plan on investing $50 every two weeks, enter $2,000 in “Amount to invest immediately” and $50 in “Subsequent investments,” and select “every two weeks” from the dropdown list.

2 Excluding your investment income or other similar income, how much do you plan to withdraw from your investments within the next 5 years?

(Check all that apply)

I plan on withdrawing:
(single payment)
I plan on making periodic withdrawals of: Period

Do you plan on withdrawing a lump sum or making periodic withdrawals for a specific project you have in mind?

For example, if you need $10,000 as a down payment on a house and then plan to withdraw $50 every two weeks to cover expenses, enter $10,000 in “I plan on withdrawing” and $50 in “I plan on making periodic withdrawals of” and select “every two weeks” from the dropdown list.

3 Not counting the amounts you plan to withdraw within the next five years, when do you plan on using a large portion (for example, a third) of your investment?

All my investments will be sold within 5 years
In 5 to 9 years
In 10 to 14 years
In 15 years or more

The longer the investment horizon, the greater the investment opportunities. However, you must also factor in your risk tolerance and investment goals.

4

Capital preservation.
Have easy access to funds.
Earn regular income from my investments.
Earn income while growing my investments.
Generate long-term growth.
Make a quick profit (low chance of success and high risk of loss).

The investments used to achieve different goals entail varying degrees of risk and potential returns.

5 Which of the following statements best describes your investment knowledge?

I have limited knowledge of investments and financial markets.

Learning about financial matters is not a priority. For example, you would be unable to explain the difference between stocks, bonds and mutual funds.
I have some knowledge of investments and financial markets.

You could explain the difference between the investments listed above.
I have extensive investment knowledge.

Besides knowing the difference between the above investments, you understand stock markets, investment fees and the principles of diversification. You are fully aware of the risks associated with the different types of investments.

Your level of knowledge is important to determine the investments best suited to your needs. Investors should never make investments they do not understand. They should always know and understand the risks, the potential returns, whether the funds can be easily accessed if needed, the fees involved and the tax implications.

6 How would you describe your current financial situation?

I’m in the red. I often spend more than I earn. I get into debt and have trouble paying it off.
I’m in the red. I often spend more than I earn but have no trouble paying off my debts.
Balanced budget. It takes a lot of effort, but I manage not to spend more than I earn.
Balanced budget. I spend pretty much what I earn. I could save if I had to.
Budget surplus. I spend less than I earn. I have money to invest.

Your financial situation, including your assets and liabilities as well as the amount and stability of your income, is important to determine the losses you can afford to take on your investments. Moreover, if this investment represents a significant portion of your assets, you should be especially cautious with it.

Balanced or surplus budget...

Before investing, it’s important not to spend more than you earn. Being in the red could force you to dip into your investments to make ends meet, which could limit your financial ability to make higher-risk investments.

7 In the future, can one or more of the following events affect your budget balance AND require you to use a large part of your investments sooner than expected?

If you have an emergency fund or enough insurance to cover these situations, do not check any boxes. Otherwise, check all that apply:

Unstable income

Could unstable income force you to spend more than you earn at times? Will you need your investments when this happens?

Birth of a child

It is said that raising a child to age 18 costs about $180,000, or about $10,000 per year. Obviously, the cost varies greatly from one family to the next. Will you soon have to use your investment to provide for your children?

Buying a home

Buying a home brings expenses such as moving, notarial fees, welcome tax, municipal and school taxes, snow removal, renovations, electricity and others. Do you think you will soon need your investment to finance the purchase of a home?

Marriage/union

Marriage or other forms of union have legal or moral implications that can sometimes affect your finances. For example, what will happen if your spouse loses his or her job or becomes disabled?

Divorce/separation

Is a divorce or separation foreseeable? A separation or divorce could have major financial implications. Will you have to pay alimony? Will you have to buy another home or move to an apartment? Would you be able to handle a divorce or separation without dipping into your investment?

Long-term disability

Would you be able to deal with a long-term disability? Disability insurance could give you the coverage you need. Your ability to earn a living is possibly your biggest financial asset.

Retirement

When you retire, your income usually goes down but the decrease is generally offset in part by investment income or a pension plan. Do you foresee having to retire sooner than expected and having to cash in your investments?

Losing your job

The drop in income resulting from losing your job may force you to cash in some of your investments. Do you think you might lose your job in the near future?

Unexpected home repair expenses

Do you have insurance that protects you financially? For example, fire, theft, water damage or liability for damage caused to another person can be very costly. A home can also sometimes require unexpected repairs that are expensive.

Unexpected transportation expenses

Do you have insurance protection for automobile claims, in the event of an accident or theft, for example? A vehicle can also sometimes require unexpected, expensive repairs and may sometimes have to be replaced.

Poor health or high-risk activities

Could poor health prevent you from working? Do you think you will have to dip into your savings to obtain health or home care? Do you practise high-risk sports like skydiving? Do you have a shorter life expectancy?

An emergency fund is money that is easily accessible without borrowing.

Ideally, it should be enough to cover at least three months of expenses. Without a safety net, you may have to cash in your investments before maturity and this would greatly limit the type of investments suitable for you.

8 To achieve my financial goals, this portfolio...

Must generate the expected return.

For example, if you live on your investment income and cannot afford to have it go down significantly. Another example: This portfolio is used to fund part of your children’s education and you’ve calculated that a 2% annual return would allow you to achieve your goals. You therefore do not want to take any unnecessary risks.
Must always maintain its value.

You cannot afford to see your investment lose value, even temporarily.
Must at least maintain its value (the invested principal) over the investment horizon.

You have no specific goal in terms of returns but you don’t want to lose the money invested. Still, so long as you don’t need the principal, the returns can fluctuate. For example, the principal could temporarily lose value.
Must generate a certain return, although it can be lower than expected.

For example, you live or will be living on your investment income, but this income is a lot more than you need. You are therefore prepared to tolerate a decrease in this income and in the market value of your portfolio.le.
Can fluctuate a lot without affecting my plans. You have a long-term goal.

If the returns are lower than expected, you can simply wait for a better time to sell or you can make do with less.

9 If your investments dropped in value, how long would you be willing to wait for your portfolio to regain its initial value?

Less than three months
Three to six months
Six months to a year
One year to three years
More than three years

Some types of investments are very volatile.

Sometimes, even a diversified portfolio can lose value and take several years to recover. Are you prepared to wait and to see the value of your investments fall below what you paid?

For more information, refer to the calculator How long will it take for my investments to recover?

10

None ($0).

* This amount takes into account the information entered in question 1.

Your ability to tolerate a drop in the value of your portfolio is an important factor in determining your investor profile. In general, you should consider tolerating more risk in order to obtain higher potential returns. However, you should be aware that the higher the potential returns, the greater the risk of significant losses.

Headlines – Stock Market Crash!

“The crisis could be worse than the Great Depression of 1929,”
cautions a well-known expert.

With stock markets plunging 30% in just a few months, the expert recommends that investors exercise caution. In his view, a number of factors suggest that the markets will continue falling, maybe even more than 50%.

“An unprecedented global recession is looming, with major economic slowdowns observed in several countries. Some countries have crippling debt that they will never be able to repay. Their bankruptcy will be costly and send ripples around the world.”

11

I would sell the rest of my investment to avoid losing more money.
I would sell some of my investment to protect some of my capital.
I would hold on to my investment in the hopes of getting a better return in the future.
I would view the lower prices as a buying opportunity and increase my holdings.

* These amounts take into account the information entered in questions 1 and 2.

12 Investments that offer high returns are usually high risk. The charts below show the annual hypothetical return (annual gains and losses) of 5 different investment portfolios over a 10-year period. With which of the following investment portfolios would you be most comfortable?

Portfolio A

Portfolio A is very conservative. However, it only offers very modest returns.

Portfolio B

Portfolio B offers better potential returns than portfolio A. However, the returns fluctuate and are not guaranteed. Some years show slight losses.

Portfolio C

Portfolio C is more volatile than portfolio B but offers higher potential returns. To invest in this portfolio, you have to be able to tolerate losses of more than 10%. However, in some years, the returns can be high.

Portfolio D

Portfolio D is high risk. When financial markets perform poorly, investors can lose a lot of money. However, in the long run, investors may be rewarded because this portfolio offers higher returns than portfolios A, B and C.

Portfolio E

Portfolio E offers the best of both worlds. It is actively managed, and the manager successfully foresees bull and bear markets. As a result, the portfolio never lost money and outperforms all the other portfolios presented.

Your estimated investor profile for the current investment: %%profil_name%%

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%%info_4%%, your estimated investor profile is: %%profil_name%%

Conservative

Moderate

Balanced

Growth

Aggressive

%%description%%

Did you think you were prepared to take higher risks? Here’s why your investor profile says otherwise:

%%question_3_1%% %%question_3_2%% %%question_4%% %%question_5%% %%question_6%% %%question_8%% %%question_10%% %%question_11%% %%question_9%% %%question_12%%

Future events:

%%info_5%% %%evenements%%

Remember that there are no right or wrong answers to this questionnaire. All the investor profiles are valid choices. The important thing to remember is to answer the questions to the best of your knowledge. That way, you’ll get a more realistic picture of your investor profile, which will help you make suitable investment choices. Remember that just because an investment is good for one person, it does not automatically mean it’s the right choice for you.

Be careful!

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Your current situation :

%%situation%%

Your goal:

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Helpful resources

In any case, remember that this tool is meant to give you insight into your investor profile and should not replace a consultation with an authorized representative. It therefore does not make a formal recommendation but simply gives you an idea of the type of investor you are. Don’t hesitate to contact an authorized representative to obtain more accurate results. You can provide him with more information to help him get to know you better by completing the Summary of your personal and financial situation. To check whether a representative is authorized to sell you financial products and services, call the Autorité des marchés financiers at 1-877-525-0337 or refer to the Register of firms and individuals authorized to practise.

If you have debts

Should you consider paying them off before investing? Talk it over with a representative.

Diversification is important!

Diversification means not placing all your money in one investment or type of investment. It is also important not to invest too much money in the company or industry in which you work. Although you probably know a lot about the company or industry in which you work, the fact is you’ve already invested your biggest asset in it: your future earnings.

Avoid investment fraud

Remember that there is no such thing as an investment that generates high returns without ever declining in value. If this type of financial product existed, we would all invest in it. If someone offers you this type of return WITHOUT any risk, be skeptical! Beware of something that’s too good to be true. For more information on fraud, refer to the guide Red-flagging Financial Fraud.

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N.B.

Don’t be surprised if the investor profile questionnaire used by your representative is not the same as this one. This tool is designed to educate investors.

Caution:

This investor profile was determined based on the information provided. The profile varies according to the information given and the user is responsible for the answers shown. Be aware of the fees associated with your investments. Find out whether fees apply if you have to sell your investments. Your investor profile can change over time and should be reviewed if your situation changes, for example, the birth of a child, the beginning or end of a marriage or common-law relationship, and retirement.c.

Limitations of the tool:

This investor profile questionnaire does not deal with products in the exempt market. It also does not deal with borrowing to invest, owning your own company or investing in real estate. It does not factor in tax implications.

This questionnaire is essentially designed to help you better understand yourself as an investor and to give you a general idea of your investor profile. It is intended to complement, not replace, a proper assessment by an authorized representative. A questionnaire is only one part of the process of getting to know your client. No information in the questions is intended as advice about any particular investment product or class of investment product, and should not be used for this purpose. This tool does not make recommendations regarding the buying or selling of securities.

Caution for representatives

This questionnaire is designed to help consumers better understand themselves as investors. However, your job is still to get to know your clients well and this form does not replace a proper assessment of whether the profile is appropriate for them.

Question

Somme investie

Periodique	calculateur.value.input("Q1_investir_periodique_amount") * calculateur.value.input("Q1_investir_periodique_periode")
1 ans	calculateur.value.input("Q1_investir_actuellement_amount") + calculateur.value.id("investie_periodique_annee")
5 ans	calculateur.value.input("Q1_investir_actuellement_amount") + (calculateur.value.id("investie_periodique_annee") * 5)
10 ans	calculateur.value.input("Q1_investir_actuellement_amount") + (calculateur.value.id("investie_periodique_annee") * 10)

Somme retirer

Periodique	calculateur.value.input("Q2_retirer_periodique_amount") * calculateur.value.input("Q2_retirer_periodique_periode")
1 ans	calculateur.value.input("Q2_retirer_actuellement_amount") + calculateur.value.id("retirer_periodique_annee")
5 ans	calculateur.value.input("Q2_retirer_actuellement_amount") + (calculateur.value.id("retirer_periodique_annee") * 5)
10 ans	calculateur.value.input("Q2_retirer_actuellement_amount") + (calculateur.value.id("retirer_periodique_annee") * 10)

Investissement

	Unique	Périodique	Total
Investissement sécuritaire	if(calculateur.value.id("investie_periodique_annee") * 5 >= calculateur.value.id("retirer_periodique_annee") * 5 && calculateur.value.input("Q1_investir_actuellement_amount") >= calculateur.value.input("Q2_retirer_actuellement_amount")) calculateur.value.input("Q2_retirer_actuellement_amount"); else if(calculateur.value.id("retirer_periodique_annee") * 5 > calculateur.value.id("investie_periodique_annee") * 5 && calculateur.value.input("Q1_investir_actuellement_amount") > calculateur.value.input("Q2_retirer_actuellement_amount")) (calculateur.value.input("Q2_retirer_actuellement_amount") + (calculateur.value.id("retirer_periodique_annee") * 5)) - (calculateur.value.id("investie_periodique_annee") * 5); else if(calculateur.value.input("Q2_retirer_actuellement_amount") > calculateur.value.input("Q1_investir_actuellement_amount")) calculateur.value.input("Q1_investir_actuellement_amount");	calculateur.value.id("retirer_5_annee") - calculateur.value.id("securitaire_unique");	calculateur.value.id("retirer_5_annee");
Investissement à risque	calculateur.value.input("Q1_investir_actuellement_amount") - calculateur.value.id("securitaire_unique");	(calculateur.value.id("investie_periodique_annee") * 5) - calculateur.value.id("securitaire_periodique");	calculateur.value.id("investie_5_annee") - calculateur.value.id("retirer_5_annee");
Total	calculateur.value.input("Q1_investir_actuellement_amount");	calculateur.value.id("investie_periodique_annee") * 5;	calculateur.value.id("risque_total") + calculateur.value.id("securitaire_total");

Periodique

Periodique sécuritaire	Math.round((calculateur.value.id("securitaire_periodique") / calculateur.value.input("Q1_investir_periodique_periode") / 5) *100 ) / 100
Periodique risque	Math.round((calculateur.value.id("risque_periodique") / calculateur.value.input("Q1_investir_periodique_periode") / 5) *100 ) / 100

H3 dynamique

question 4	if(calculateur.value.id("securitaire_total") > 0) "Not counting the amounts you plan to withdraw within the next 5 years, what is your main goal for this portfolio?"; else "What is your main goal for this portfolio?";
question 10	"Suppose you invest $" + helper.number.format(calculateur.value.id("investie_1_annee"), 0) + "*. Over a period of " + $('[name="Q9_portefeuille_delais_valeur_initale"]:checked').data("h2") + ", how much of a drop in the value of your portfolio would you be comfortable with?";
question 11	"Suppose you have been investing for the past five years and you read this article. You’ve invested a total of $" + helper.number.format(calculateur.value.id("risque_total"), 0) + ", but have lost $" + helper.number.format(Math.round(.30 calculateur.value.id("risque_total")), 0) + "* and therefore now have $" + helper.number.format(Math.round(.70 * calculateur.value.id("risque_total")), 0) + "* left. How would you react?";

Notification

question 9	var notification = new Array(); /****************************************************/ / Notification 1 en fonction de la question 4 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q4_portefeuille_but") == 2 && calculateur.value.input("Q9_portefeuille_delais_valeur_initale") >= 3) notification[1] = "[div]Careful! In question 4, you indicated that the main goal of your portfolio is to provide you with easy access to funds. However, here you state that if the value of your investments goes down, you are prepared to wait " + $('[name="Q9_portefeuille_delais_valeur_initale"]:checked').data("notification") + " for them to recover. You therefore risk having to sell your investments at a loss if you need cash quickly. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; / CAS : 2 / else if(calculateur.value.input("Q4_portefeuille_but") == 5 && calculateur.value.input("Q9_portefeuille_delais_valeur_initale") <= 3) notification[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is to generate long-term growth. However, here you state that if the value of your investments goes down, you are prepared to wait " + $('[name="Q9_portefeuille_delais_valeur_initale"]:checked').data("notification") + " for them to recover. You therefore risk having to sell your investments at a loss if you need cash quickly. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; / CAS : 3 / else if(calculateur.value.input("Q4_portefeuille_but") == 6 && calculateur.value.input("Q9_portefeuille_delais_valeur_initale") <= 4) notification[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is to make a quick profit (speculate). This is a very risky strategy that could see you lose some or all of the money invested. However, here you state that if the value of your investments goes down, you are prepared to wait " + $('[name="Q9_portefeuille_delais_valeur_initale"]:checked').data("notification") + " for them to recover. You therefore risk having to sell your investments at a loss if you need cash quickly. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; /***************************************************/ / Notification 2 en fonction de la question 8 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q8_portefeuille_rendement") == 2 && (calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 3 \|\| calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 4)) notification[2] = "[div]Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must always maintain its value. However, here you state that if the value of your investments goes down, you are prepared to wait " + $('[name="Q9_portefeuille_delais_valeur_initale"]:checked').data("notification") + " for them to recover. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; / RETURN NOTIFICATION */ notification;
question 10	if(calculateur.value.input("Q4_portefeuille_but") == 2 && calculateur.value.input("Q10_portefeuille_baisse_tolerer") >= 3) "Careful! In question 4, you indicated that the main goal of your portfolio is to provide you with easy access to funds. Note that although many risky investments are highly liquid, you may have to sell them at a loss if you need to quickly access the funds. Make sure you are comfortable with this possibility or change your answer before moving to the next question."; /* CAS : 3 */ else if(calculateur.value.input("Q8_portefeuille_rendement") == 4 && calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1) "[div]Careful! In question 8, you indicated that you would be able to achieve your financial goals even if the portfolio’s return was less than expected. However, here you state that you cannot tolerate any loss in value. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]";
question 11	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 1 && calculateur.value.input("Q11_reaction") == 4) "Careful! In question 9, you indicated that if the value of your portfolio went down, you could not wait three months or more for it to recover. In three months, it may not have regained its value. However, here you state that if the value of your portfolio went down, you would invest more. Make sure you are comfortable with this possibility or change your answer before moving to the next question.";
question 12	var notification = new Array(); /****************************************************/ / Notification 1 en fonction de la question 4 / /***************************************************/ / CAS : 6 / if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q12_portefeuille") == 2) notification[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is capital preservation. However, you are choosing a portfolio that can lose as much as 9% of its value in a year. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; / CAS : 7 / else if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q12_portefeuille") == 3) notification[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is capital preservation. However, you are choosing a portfolio that can lose as much as 9% of its value in a year. Make sure you are comfortable with this possibility or change your answer before moving to the next question. [/div]"; / CAS : 8 / else if(calculateur.value.input("Q4_portefeuille_but") == 2 && calculateur.value.input("Q12_portefeuille") == 4) notification[1] = "[div]Careful! In question 4, you indicated that the main goal of your portfolio is to provide you with easy access to funds. However, you are choosing the portfolio with the highest risk. It can lose as much as 25% of its value in a given year. You therefore risk having to sell your investments at a loss if you need cash quickly. Make sure you are comfortable with this possibility or change your answer before moving to the next question.[/div]"; /***************************************************/ / Notification 2 en fonction de la question 8 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q8_portefeuille_rendement") == 2 && calculateur.value.input("Q12_portefeuille") == 3) notification[2] = "[div]Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must always maintain its value. However, you are choosing a portfolio that can lose as much as 12% of its value in a year. Make sure you are comfortable with this possibility or change your answer before moving to the next question. [/div]"; / RETURN NOTIFICATION */ notification;

Alerte

question 1	if(calculateur.value.id("total") <= 0) "Warning! You must invest to know your investor profile.";
question 2	if(calculateur.value.id("risque_total") < 0) "Warning! You intend to withdraw more than total amount invested and the income it generates. Change your data.";
question 8	if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q8_portefeuille_rendement") == 5) "Careful! In question 4, you indicated that the goal of your portfolio is capital preservation. However, here you state that your plans would not be affected by sharp fluctuations in the value of your portfolio. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.";
question 9	if(calculateur.value.input("Q8_portefeuille_rendement") == 2 && calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 5) "Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must always maintain its value. However, here you state that if its value were to drop, you would be prepared to wait three or more years for it to recover. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.";
question 10	var alerte = new Array(); /****************************************************/ / Notification 1 en fonction de la question 4 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q10_portefeuille_baisse_tolerer") >= 3) alerte[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is capital preservation. However, here you state that you can tolerate a " + $('[name="Q10_portefeuille_baisse_tolerer"]:checked').data("notification") + " loss in value. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; /***************************************************/ / Notification 2 en fonction de la question 8 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q8_portefeuille_rendement") == 1 && calculateur.value.input("Q10_portefeuille_baisse_tolerer") >= 3) alerte[2] = "[div]Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must generate the expected return. However, here you state that you can tolerate a " + $('[name="Q10_portefeuille_baisse_tolerer"]:checked').data("notification") + " loss in value. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 2 / else if(calculateur.value.input("Q8_portefeuille_rendement") == 2 && calculateur.value.input("Q10_portefeuille_baisse_tolerer") >= 3) alerte[2] = "[div]Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must always maintain its value. However, here you state that you can tolerate a " + $('[name="Q10_portefeuille_baisse_tolerer"]:checked').data("notification") + " loss in value. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; /***************************************************/ / Notification 3 en fonction de la question 9 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1 && calculateur.value.input("Q9_portefeuille_delais_valeur_initale") >= 2) alerte[3] = "[div]Careful! In question 9, you indicated that you were prepared to wait a certain amount of time for your portfolio to recover. However, here you state that you cannot tolerate a decline in value. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / RETURN NOTIFICATION */ alerte;
question 12	var alerte = new Array(); /* CAS : 1 / if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q12_portefeuille") == 4) alerte[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is capital preservation. However, you are choosing the portfolio with the highest risk. It can lose as much as 25% of its value in a given year. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 2 / else if(calculateur.value.input("Q4_portefeuille_but") == 5 && calculateur.value.input("Q12_portefeuille") == 1) alerte[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is to generate long-term growth. However, you prefer the least risky portfolio that offers the least long-term growth. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 3 / else if(calculateur.value.input("Q4_portefeuille_but") == 6 && calculateur.value.input("Q12_portefeuille") == 1) alerte[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is to make a quick profit (speculate). However, you prefer the least risky portfolio that offers the least long-term growth. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 4 / else if(calculateur.value.input("Q4_portefeuille_but") == 6 && calculateur.value.input("Q12_portefeuille") == 2) alerte[1] = "[div]In question 4, you indicated that the goal of your portfolio is to make a quick profit (speculate). However, you prefer a low-risk portfolio with a limited return. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 5 / else if(calculateur.value.input("Q4_portefeuille_but") == 6 && calculateur.value.input("Q12_portefeuille") == 3) alerte[1] = "[div]Careful! In question 4, you indicated that the goal of your portfolio is to make a quick profit (speculate). This is a very risky strategy and you could lose some or all the money invested. That said, you are not choosing a portfolio with the greatest risk-return relationship. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; /***************************************************/ / Alerte 3 en fonction de la question 8 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q8_portefeuille_rendement") == 2 && calculateur.value.input("Q12_portefeuille") == 4) alerte[2] = "[div]Careful! In question 8, you indicated that in order to achieve your financial goals, your portfolio must always maintain its value. However, you are choosing the portfolio with the highest risk. It can lose as much as 25% of its value in a given year. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; /***************************************************/ / Alerte 3 en fonction de la question 10 / /***************************************************/ / CAS : 1 / if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1 && calculateur.value.input("Q12_portefeuille") == 3) alerte[3] = "[div]Careful! In question 10, you indicated that you cannot tolerate any decline in the value of your portfolio. However, you are not choosing a low-risk portfolio. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; / CAS : 2 / else if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1 && calculateur.value.input("Q12_portefeuille") == 4) alerte[3] = "[div]Careful! In question 10, you indicated that you cannot tolerate any decline in the value of your portfolio. However, you are choosing the portfolio with the highest risk. It can lose as much as 25% of its value in a given year. Please change one of your answers in order to obtain an investor profile that accurately reflects your situation.[/div]"; /***************************************************/ / Alerte / /***************************************************/ if(calculateur.value.input("Q12_portefeuille") == 5) alerte[4] = "[div style='text-align:center;'][img src='typo3conf/ext/amf_calculateurs/Resources/Public/ProfilInvestisseur/images/stop-hand.png' style='width: 175px;'][/div][h3 style='color:#E0000F; font-size: 30px;font-weight: bold; text-align:center;']Be careful! Risk of fraud![/h3][div]This investment offers very high returns and never loses value. If this type of financial product existed, we would all invest in it. If someone offers you this type of return WITHOUT any risk, be skeptical! Beware of something that’s too good to be true. For more information on fraud, refer to the guide [a href='https://lautorite.qc.ca/en/general-public/publications/for-general-public/fraud-prevention/' target='_blank']Red-flagging Financial Fraud[/a].[/div]"; / RETURN NOTIFICATION */ alerte;

Profil Investiseur grille

Profil	"Conservative";	"Moderate";	"Balanced";	"Growth";	"Aggressive";
Question 3	if(calculateur.value.input("Q3_retirer_delais") == 1) "1";			if(calculateur.value.input("Q3_retirer_delais") == 2 \|\| calculateur.value.input("Q3_retirer_delais") == 3) "1";	if(calculateur.value.input("Q3_retirer_delais") == 4) "1";
Question 4	if(calculateur.value.input("Q4_portefeuille_but") <= 2) "1";		if(calculateur.value.input("Q4_portefeuille_but") == 3) "1";	if(calculateur.value.input("Q4_portefeuille_but") == 4) "1";	if(calculateur.value.input("Q4_portefeuille_but") >= 5 && calculateur.value.id("risque_periodique") > 0) "1";
Question 5			if(calculateur.value.input("Q5_connaisances") == 1) "1";	if(calculateur.value.input("Q5_connaisances") == 2) "1";	if(calculateur.value.input("Q5_connaisances") == 3) "1";
Question 6	if(calculateur.value.input("Q6_votre_situation_financiere") == 1 && calculateur.value.input("Q7_equilibre_budgetaire", true) >=3) "1";	if(calculateur.value.input("Q6_votre_situation_financiere") == 1 && calculateur.value.input("Q7_equilibre_budgetaire", true) < 3) "1";	if(calculateur.value.input("Q6_votre_situation_financiere") == 2) "1";	if(calculateur.value.input("Q6_votre_situation_financiere") == 3) "1";	if(calculateur.value.input("Q6_votre_situation_financiere") >= 4) "1";
Question 7	if(calculateur.value.input("Q7_equilibre_budgetaire", true) >= 5) "1";	if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 4 \|\| ($('input[name=Q7_equilibre_budgetaire_instable]').is(':checked') && $('input[name=Q7_equilibre_budgetaire_divorce]').is(':checked') && $('input[name=Q7_equilibre_budgetaire_perte_emploi]').is(':checked')) ) "1";	if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 3 \|\| $('input[name=Q7_equilibre_budgetaire_instable]').is(':checked') \|\| $('input[name=Q7_equilibre_budgetaire_divorce]').is(':checked') \|\| $('input[name=Q7_equilibre_budgetaire_perte_emploi]').is(':checked') ) "1";	if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 2) "1";	if(calculateur.value.input("Q7_equilibre_budgetaire", true) <= 1) "1";
Question 8	if(calculateur.value.input("Q8_portefeuille_rendement") <= 2) "1";		if(calculateur.value.input("Q8_portefeuille_rendement") == 3) "1";	if(calculateur.value.input("Q8_portefeuille_rendement") == 4) "1";	if(calculateur.value.input("Q8_portefeuille_rendement") == 5) "1";
Question 9	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 1) "1";	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 2) "1";	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 3) "1";	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 4) "1";	if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 5) "1";
Question 10	if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1) "1";	if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 2) "1";	if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 3) "1";	if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 4) "1";	if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 5) "1";
Question 11			if(calculateur.value.input("Q11_reaction") <= 2) "1";	if(calculateur.value.input("Q11_reaction") == 3) "1";	if(calculateur.value.input("Q11_reaction") == 4) "1";
Question 12		if(calculateur.value.input("Q12_portefeuille") == 1) "1";	if(calculateur.value.input("Q12_portefeuille") == 2) "1";	if(calculateur.value.input("Q12_portefeuille") == 3) "1";	if(calculateur.value.input("Q12_portefeuille") == 4) "1";
Total	calculateur.value.somme(".somme_1");	calculateur.value.somme(".somme_2");	calculateur.value.somme(".somme_3");	calculateur.value.somme(".somme_4");	calculateur.value.somme(".somme_5");

Profil

	Profil numéro	Profil
Principale	if(calculateur.value.id("somme_total_1") > 0) 1; else if(calculateur.value.id("somme_total_2") > 0) 2; else if(calculateur.value.id("somme_total_3") > 0) 3; else if(calculateur.value.id("somme_total_4") > 0) 4; else if(calculateur.value.id("somme_total_5") > 0) 5;	calculateur.value.id("profil_" + calculateur.value.id("profil_num"), true);
Secondaire	if(calculateur.value.id("profil_num") < 5) calculateur.value.id("profil_num") + 1 else "";	if(calculateur.value.id("profil_num_secondaire") > 0) calculateur.value.id("profil_" + calculateur.value.id("profil_num_secondaire"), true)

Conclusion

Question 3	/****************************************************/ / Profil securitaire / /****************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.id("Q3_grille_1") > 0) "[p]All your investments will be sold within 5 years.[/p]"; }
Question 3	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.id("somme_total_1") == 1 && calculateur.value.input("Q3_retirer_delais") == 1) "[p]According to this tool, since all your investments will be sold within 5 years, you are a conservative investor. However, if you had money to invest for a longer period of time, your profile would probably be different.[/p]"; else if(calculateur.value.input("Q3_retirer_delais") == 1) "[p]All your investments will be sold within 5 years.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.id("Q3_grille_4") == 1) "[p]You will need your investments within 15 years.[/p]"; }
Question 4	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.input("Q4_portefeuille_but") == 2) "[p]The main goal of your portfolio is to provide easily accessible funds (liquid). Since you have a short-term investment horizon, risky investments, even those that are liquid, could require you to sell them at a loss.[/p]"; else if(calculateur.value.input("Q4_portefeuille_but") == 1) "[p]The main goal of your portfolio is capital preservation (security). To achieve this goal, you cannot risk losing the amounts invested.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q4_portefeuille_but") == 3) "[p]The main goal of your portfolio is to obtain regular income from your investments. You therefore want your portfolio to provide you with some reliable investment income. Investing only in high-risk securities would not allow you to achieve this goal.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q4_portefeuille_but") == 4) "[p]The main goal of your portfolio is to obtain income while growing your investments. To protect at least a portion of the income, a certain portion of your portfolio must be in more secure investments.[/p]"; }
Question 5	/****************************************************/ / Profil Revenu Équilibré / /**************************************************/ if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q5_connaisances") == 1) "[p]Your knowledge of investments and financial markets is limited. Since investors should only choose investments that they are familiar with and understand, not knowing about investments limits your choices.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q5_connaisances") == 2) "[p]Your investment knowledge is insufficient to invest in higher-risk products that could require you to track the financial markets more closely.[/p]"; }
Question 6	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.input("Q6_votre_situation_financiere") == 1 && calculateur.value.input("Q7_equilibre_budgetaire", true) >=3) "[p]Your budget is in the red. You often spend more than you earn and have trouble paying off your debts. Before investing, you might consider paying off your debts, particularly those with a high interest rate.[/p]"; } /**************************************************/ / Profil Revenu prudent / /**************************************************/ else if(calculateur.value.id("profil_num") == 2){ if(calculateur.value.input("Q6_votre_situation_financiere") == 1 && calculateur.value.input("Q7_equilibre_budgetaire", true) < 3) "[p]Your budget is in the red. You often spend more than you earn and have trouble paying off your debts. Before investing, you might consider paying off your debts, particularly those with a high interest rate. An authorized representative or an organization such as the Association coopérative d’économie familiale (ACEF) can help you.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q6_votre_situation_financiere") == 2) "[p]Your budget is in the red. You often spend more than you earn even though you have no trouble paying off your debts. Before investing, you might consider paying off your debts, particularly those with a high interest rate. An authorized representative or an organization such as the Association coopérative d’économie familiale (ACEF) can help you.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q6_votre_situation_financiere") == 3) "[p]Congratulations, you have a balanced budget. However, you seem to be having trouble creating a surplus and building an emergency fund. This could limit your financial ability to invest in long-term investments.[/p]"; }
Question 8	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.input("Q8_portefeuille_rendement") == 1) "[p]To achieve your financial goals, your portfolio must generate the expected return.[/p]"; else if(calculateur.value.input("Q8_portefeuille_rendement") == 2) "[p]To achieve your financial goals, your portfolio must always maintain its value.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q8_portefeuille_rendement") == 3) "[p]You have no specific goal in terms of returns but you don’t want to lose the money invested. While risky investments tend to earn more than safe investments over the long run, there’s no guarantee. Keeping a portion of your portfolio in more secure investments could contribute to achieving your financial objectives.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q8_portefeuille_rendement") == 4) "[p]To achieve your financial goals, your portfolio must generate a certain return, although it can be lower than expected. Since risky investments don’t guarantee a return, you must keep a portion of your portfolio in less risky investments to ensure a certain return.[/p]"; }
Question 9	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 1) "[p]If the value of your portfolio fell, you would be unwilling to wait three or more months for it to recover.[/p]"; } /**************************************************/ / Profil Revenu prudent / /**************************************************/ else if(calculateur.value.id("profil_num") == 2){ if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 2) "[p]If the value of your portfolio fell, you would be willing to wait three to six months for it to recover.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 3) "[p]If the value of your portfolio fell, you would be willing to wait six months to a year for it to recover.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q9_portefeuille_delais_valeur_initale") == 4) "[p]If the value of your portfolio fell, you would be willing to wait one to three years for it to recover.[/p]"; }
Question 10	/****************************************************/ / Profil securitaire / /**************************************************/ if(calculateur.value.id("profil_num") == 1){ if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1) "[p]You cannot tolerate any drop in the value of your portfolio.[/p]"; } /**************************************************/ / Profil Revenu prudent / /**************************************************/ else if(calculateur.value.id("profil_num") == 2){ if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 2) "[p]You can tolerate a drop of up to 5% in the value of your portfolio.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 3) "[p]You can tolerate a drop of up to 15% in the value of your portfolio.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 4) "[p]You can tolerate a drop of up to 30% in the value of your portfolio.[/p]"; }
Question 11	/****************************************************/ / Profil Revenu Équilibré / /**************************************************/ if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q11_reaction") == 1) "[p]If the value of your investments fell sharply, you would sell off the remainder to avoid additional losses. This shows that you are not prepared to tolerate major investment losses.[/p]"; else if(calculateur.value.input("Q11_reaction") == 2) "[p]If the value of your investments fell sharply, you would sell off some of the remainder to limit future losses. This shows that you would have exceeded your risk tolerance.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q11_reaction") == 3) "[p]If the value of your investments fell sharply, you would hold on to your investments but would not invest more.[/p]"; }
Question 12	/****************************************************/ / Profil Revenu prudent / /**************************************************/ if(calculateur.value.id("profil_num") == 2){ if(calculateur.value.input("Q12_portefeuille") == 1) "[p]You are more comfortable with a portfolio that generates few or no losses, even if the projected returns are low.[/p]"; } /**************************************************/ / Profil Revenu Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3){ if(calculateur.value.input("Q12_portefeuille") == 2) "[p]You are more comfortable with a portfolio that generates few or no losses, even if the projected returns are low.[/p]"; } /**************************************************/ / Profil Revenu Croissance / /****************************************************/ else if(calculateur.value.id("profil_num") == 4){ if(calculateur.value.input("Q12_portefeuille") == 3) "[p]When choosing a portfolio, you would not choose the riskiest one, even if the potential return is higher.[/p]"; }
Evenements profil	if((calculateur.value.input("Q6_votre_situation_financiere") == 1 && calculateur.value.input("Q7_equilibre_budgetaire", true) >= 3 && $('input[name=Q7_equilibre_budgetaire_instable]').is(':checked')) \|\| calculateur.value.input("Q7_equilibre_budgetaire", true) >= 5) 1; else if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 4 \|\| ($('input[name=Q7_equilibre_budgetaire_instable]').is(':checked') && $('input[name=Q7_equilibre_budgetaire_perte_emploi]').is(':checked') && $('input[name=Q7_equilibre_budgetaire_divorce]').is(':checked'))) 2; else if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 3 \|\| $('input[name=Q7_equilibre_budgetaire_instable]').is(':checked') \|\| $('input[name=Q7_equilibre_budgetaire_perte_emploi]').is(':checked') \|\| $('input[name=Q7_equilibre_budgetaire_divorce]').is(':checked')) 3; else if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 2) 4; else 5;
info 1	if(calculateur.value.input("Q1_investir_actuellement_amount") <= 0) "Breakdown of investments by $" + helper.number.format(calculateur.value.input("Q1_investir_periodique_amount")) + " "; else "Breakdown of your initial investment of $" + helper.number.format(calculateur.value.input("Q1_investir_actuellement_amount")) + " and your investments of $" +helper.number.format( calculateur.value.input("Q1_investir_periodique_amount")) + " " + $('[name="Q1_investir_periodique_periode"] :selected').text() + ".";
info 2	if("????" == "????") "For a lump-sum investment of $" + helper.number.format(calculateur.value.id("risque_unique")) + ":"; else "For a lump-sum investment of $" + helper.number.format(calculateur.value.id("risque_unique")) + " and an investment of $" + calculateur.value.input("Q1_investir_periodique_amount") + " "+ $('[name="Q1_investir_periodique_periode"] :selected').text() + ":";
info 3	if(calculateur.value.id("securitaire_unique") > 0 && calculateur.value.input("Q1_investir_periodique_amount") >= 0) "To this end, you will withdraw from your savings a lump-sum amount of $" + helper.number.format(calculateur.value.id("securitaire_unique")) + " and $" + helper.number.format(calculateur.value.id("periodique_calcul_securitaire")) + " " + $('[name="Q1_investir_periodique_periode"] :selected').text() + "."; else if(calculateur.value.id("securitaire_unique") > 0) "To this end, you will withdraw from your savings a lump-sum amount of $" + helper.number.format(calculateur.value.id("securitaire_unique")); else "To this end, you will withdraw from your savings $" + helper.number.format(calculateur.value.id("periodique_calcul_securitaire")) + " " + $('[name="Q1_investir_periodique_periode"] :selected').text();
info 4	if(calculateur.value.id("risque_periodique") <=0 && calculateur.value.id("risque_unique") > 0) "For the remainder, i.e. the equivalent of a lump-sum investment of $" + helper.number.format(calculateur.value.id("risque_unique")); else if(calculateur.value.id("risque_periodique") > 0 && calculateur.value.id("risque_unique") == 0) "For the remainder, i.e. the equivalent of an investment of $" + helper.number.format(calculateur.value.id("periodique_calcul_risque"), 2) + " "+ $('[name="Q1_investir_periodique_periode"] :selected').text(); else "For the remainder, i.e. the equivalent of a lump-sum investment of $" + helper.number.format(calculateur.value.id("risque_unique")) + " and an investment of $" + helper.number.format(calculateur.value.id("periodique_calcul_risque"),2) + " "+ $('[name="Q1_investir_periodique_periode"] :selected').text();
info 5	var info; if(calculateur.value.input("Q7_equilibre_budgetaire", true) == 1) info = "An important event could affect your budgetary balance and require the use of a significant portion of your investments earlier than expected: "; else if(calculateur.value.input("Q7_equilibre_budgetaire", true) > 1){ info = "Many events could affect your budget balance and require the use of a significant portion of your investments earlier than expected"; if(calculateur.value.id("profil_num") == calculateur.value.id("event_profil_num")) info += ". This limits your ability to invest in risky investments:"; else info += ":"; } info;
info 6	if(calculateur.value.input("Q2_retirer_actuellement_amount") + calculateur.value.input("Q2_retirer_periodique_amount") < 0) ""; else if(calculateur.value.input("Q2_retirer_periodique_amount") > 0 && calculateur.value.input("Q2_retirer_actuellement_amount") > 0 ) "Not counting your investment income, you will need a lump sum of $" + helper.number.format(calculateur.value.input("Q2_retirer_actuellement_amount")) + " and $" + helper.number.format(calculateur.value.input("Q2_retirer_periodique_amount")) + " " + $('[name="Q2_retirer_periodique_periode"] :selected').text() + ", or a total of $" + helper.number.format(calculateur.value.id("retirer_5_annee")) + " over the next 5 years."; else if(calculateur.value.input("Q2_retirer_periodique_amount") > 0) "Not counting your investment income, you will need $" + helper.number.format(calculateur.value.input("Q2_retirer_periodique_amount")) + " " + $('[name="Q2_retirer_periodique_periode"] :selected').text() + " over the next 5 years."; else "Not counting your investment income, you will need a lump sum of $" + helper.number.format(calculateur.value.input("Q2_retirer_actuellement_amount")) + " over the next 5 years. ";
info 7	"Not counting your investment income, you will need a lump sum of $" + helper.number.format(calculateur.value.id("securitaire_total")) + " over the next 5 years. Investing these sums in risky investments for such a short period could require you to sell at a loss.";
Evenements	var evenements = new Array(); if( $('input[name=Q7_equilibre_budgetaire_instable]').is(':checked') ) evenements[1] = "Your income is unstable. "; if( $('input[name=Q7_equilibre_budgetaire_enfant]').is(':checked') ) evenements[2] = " You may soon need the money invested to provide for your children."; if( $('input[name=Q7_equilibre_budgetaire_maison]').is(':checked') ) evenements[3] = "You may soon need the money invested to finance the purchase of a property. "; if( $('input[name=Q7_equilibre_budgetaire_mariage]').is(':checked') ) evenements[4] = "You and your spouse may need the money invested to cover upcoming expenses. "; if( $('input[name=Q7_equilibre_budgetaire_divorce]').is(':checked') ) evenements[5] = "In the event of a divorce or separation, you may need the money invested sooner than expected. "; if( $('input[name=Q7_equilibre_budgetaire_maladie]').is(':checked') ) evenements[6] = " If you become disabled, you may need the money invested. "; if( $('input[name=Q7_equilibre_budgetaire_retraite]').is(':checked') ) evenements[7] = "You may soon need the money invested to fund your retirement. "; if( $('input[name=Q7_equilibre_budgetaire_perte_emploi]').is(':checked') ) evenements[8] = "If you lose your job, you may need the money invested sooner than expected. "; if( $('input[name=Q7_equilibre_budgetaire_sinistre]').is(':checked') ) evenements[9] = "You do not seem to have sufficient home insurance coverage. Consequently, in the event of a claim, you may need the money invested sooner than expected. "; if( $('input[name=Q7_equilibre_budgetaire_accident]').is(':checked') ) evenements[10] = "You do not seem to have sufficient auto insurance coverage. Consequently, in the event of a claim, you may need the money invested sooner than expected. "; if( $('input[name=Q7_equilibre_budgetaire_sante]').is(':checked') ) evenements[11] = "Poor health or high-risk activities may prevent you from working and as a result, you may need the money invested. "; if(calculateur.value.input("Q7_equilibre_budgetaire", true) > 0) evenements[12] = "Talk it over with an expert if necessary to ensure you make the right choice. "; evenements;
Resumé	if((calculateur.value.id("risque_unique") + calculateur.value.id("risque_periodique")) < 1) "You will need all of the money invested within the next 5 years. You could simply put it in low-risk liquid assets such as guaranteed investment certificates, a savings account or money market funds. For this amount, your investor profile seems to be “conservative.” If you had more money to invest, your investor profile could be different.[br/][br/]"; else if(calculateur.value.input("Q2_retirer_periodique_amount") > 0 \|\| calculateur.value.input("Q2_retirer_actuellement_amount") > 0) calculateur.value.id("info_6", true) + " Since you will need this money within the next 5 years, you could simply put it in low-risk liquid assets such as guaranteed investment certificates, a savings account or money market funds. For this amount, your investor profile seems to be “conservative.”[br/][br/]";
Description	if(calculateur.value.id("risque_total") < 1) ""; /****************************************************/ / Profil Sécuritaire / /**************************************************/ else if(calculateur.value.id("profil_num") == 1) "Your estimated investor profile is “conservative.” You would possibly place your money in safe investments such as debt securities (Treasury bills, guaranteed investment certificates, savings bonds, bonds, etc.). This type of investment tends to generate lower returns than higher-risk investments, but that’s okay. There are various ways you can compensate for these lower returns, for example, by investing regularly. One of the advantages of this type of investment is that you will have a good idea of the returns and be better able to plan how much money to invest or withdraw. Another is that it won’t cause you sleepless nights! Talk it over with an authorized representative, who will be able to guide you."; /**************************************************/ / Profil Revenu prudent / /**************************************************/ else if(calculateur.value.id("profil_num") == 2) "Your estimated investor profile is “moderate.” You are willing to tolerate a small amount of volatility in the near term and small losses as a trade-off for modest returns. Since the returns will not fluctuate much, you can plan ahead and invest accordingly to achieve your goals. Most of your portfolio (65% to 85%) will be invested in debt securities (Treasury bills, guaranteed investment certificate, savings bonds, bonds, debentures, etc.). A small portion of the portfolio (15% to 35%) could be invested in equities (common and preferred shares) or in units of investment funds that invest in these types of securities. This should allow you to offset the increase in the cost of living. Note that this estimated investor profile is not an investment recommendation. Before investing, consult an authorized representative to determine your specific investor profile."; /**************************************************/ / Profil Équilibré / /**************************************************/ else if(calculateur.value.id("profil_num") == 3) "Your estimated investor profile is “balanced.” You are willing to tolerate some volatility and a moderate loss of capital. As its name implies, your portfolio will consist of a balanced combination of debt securities (Treasury bills, guaranteed investment certificates, savings bonds, bonds, debentures, etc.), equities (common and preferred shares) or units of investment funds that invest in these types of securities. You could have a well-diversified portfolio. For example, you could invest 35% to 60% of your portfolio in debt securities and the rest in equities. Note that this estimated investor profile is not an investment recommendation. Before investing, consult an authorized representative to determine your specific investor profile."; /**************************************************/ / Profil Croissance / /**************************************************/ else if(calculateur.value.id("profil_num") == 4) "Your estimated investor profile is “growth.” You are willing to accept a high level of volatility and substantial losses in exchange for potentially higher returns. You are able to tolerate substantial losses in your portfolio without losing sleep over it. A large part of the portfolio (60% to 85%) could be invested in equities (common and preferred shares) or in units of investment funds that invest in this type of security. The rest of your portfolio would be invested in debt securities (Treasury bills, guaranteed investment certificates, savings bonds, bonds, debentures, etc.). Note that this estimated investor profile is not an investment recommendation. Before investing, consult an authorized representative to determine your specific investor profile."; /**************************************************/ / Profil Croissance dynamique / /****************************************************/ else "Your estimated investor profile is “aggressive.” This is the riskiest portfolio. You are prepared to tolerate a high level of volatility. You are able to tolerate substantial losses in your portfolio without losing sleep over it. You have no expectations in terms of long-term returns. Careful! Before investing, bear in mind that the right time to rethink your profile is not when your investments drop in value; doing so could result in bigger losses. Think about it. It’s okay to aspire to high returns in the long term, but only if you fully understand the risks involved. If you have answered the questions honestly, this is your profile. You could therefore invest, for instance, 85% and more of your portfolio in equities such as common and preferred shares or in units of investment funds that invest in this type of security. However, bear in mind that this comes at a cost, namely, less diversification. Consequently, make sure not to place your money in investments that all fluctuate in the same direction at the same time. Weigh the risks carefully and be realistic about the potential returns. Note that this estimated investor profile is not an investment recommendation. Before investing, consult an authorized representative to determine your specific investor profile.";
Note question 3	if(calculateur.value.input("Q4_portefeuille_but") == 1 && calculateur.value.input("Q3_retirer_delais") == 4) "Although you are determined to avoid losses, you might consider investments that fluctuate provided they include a capital guarantee. Make sure the maturity of the investments you choose is in keeping with your investment horizon."; else if(calculateur.value.input("Q4_portefeuille_but") ==1 && (calculateur.value.input("Q3_retirer_delais") == 3 \|\| calculateur.value.input("Q3_retirer_delais") == 2)) "Although you are determined to avoid losses, you might consider investments with some volatility but that include a capital guarantee. Make sure the maturity of the investments you choose is in keeping with your investment horizon.";
Note question 8	if(calculateur.value.input("Q8_portefeuille_rendement") == 3 && calculateur.value.input("Q3_retirer_delais") == 4) "Although you would like your investment to maintain its value in the long run, you might consider investments with some volatility provided they include a capital guarantee. Assurez-vous que l'échéance des placements que vous choisirez respecte votre horizon d'investissement."; else if(calculateur.value.input("Q8_portefeuille_rendement") == 3 && (calculateur.value.input("Q3_retirer_delais") == 3 \|\| calculateur.value.input("Q3_retirer_delais") == 2)) "Although you would like your investment to maintain its value in the long run, you might consider investments with some volatility provided they include a capital guarantee. Assurez-vous que l'échéance des placements que vous choisirez respecte votre horizon d'investissement.";
Situation	var situations = new Array(); if(calculateur.value.input("Q5_connaisances") == 1) situations[1] = "[div]You have limited knowledge of investments and financial markets.[/div]"; else if(calculateur.value.input("Q5_connaisances") == 2) situations[1] = "[div]You have some knowledge of investments and financial markets.[/div]"; else situations[1] = "[div]You have extensive investment knowledge.[/div]"; if(calculateur.value.input("Q6_votre_situation_financiere") == 1) situations[2] = "[div]Your budget is in the red. You often spend more than you earn. You run into debt and have trouble paying it off.[/div]"; else if(calculateur.value.input("Q6_votre_situation_financiere") == 2) situations[2] = "[div]Your budget is in the red. You often spend more than you earn but have no trouble paying off your debts.[/div]"; else if(calculateur.value.input("Q6_votre_situation_financiere") == 3) situations[2] = "[div]Your budget is balanced. It takes a lot of effort, but you manage not to spend more than you earn.[/div]"; else if(calculateur.value.input("Q6_votre_situation_financiere") == 4) situations[2] = "[div]Your budget is balanced. You spend pretty much what you earn. You could save if you had to.[/div]"; else situations[2] = "[div]You have a budget surplus. You therefore spend less than you earn. You have extra money to invest.[/div]"; if(calculateur.value.input("Q3_retirer_delais") ==1) situations[3] = "[div]You plan to sell all your investments within 5 years.[/div]"; else if(calculateur.value.input("Q3_retirer_delais") ==2) situations[3] = "[div]You plan to sell at least a third of your investment within 5 to 9 years.[/div]"; else if(calculateur.value.input("Q3_retirer_delais") ==3) situations[3] = "[div]You plan to sell at least a third of your investment within 10 to 14 years.[/div]"; else situations[3] = "[div]You plan to hold on to your investment for 15 years or more.[/div]"; situations;
but	var buts = new Array(); if(calculateur.value.input("Q4_portefeuille_but") == 1) buts[1] = "[div]Your main goal with this portfolio is capital preservation.[/div]"; else if(calculateur.value.input("Q4_portefeuille_but") == 2) buts[1] = "[div]Your main goal with this portfolio is to have easy access to funds.[/div]"; else if(calculateur.value.input("Q4_portefeuille_but") == 3) buts[1] = "[div]Your main goal with this portfolio is to obtain regular investment income.[/div]"; else if(calculateur.value.input("Q4_portefeuille_but") == 4) buts[1] = "[div]Your main goal with this portfolio is to obtain income while growing your investments.[/div]"; else if(calculateur.value.input("Q4_portefeuille_but") == 5) buts[1] = "[div]Your main goal with this portfolio is long-term growth.[/div]"; else buts[1] = "[div]Your main goal with this portfolio is to make a quick profit (speculate).[/div]"; if(calculateur.value.input("Q4_portefeuille_but") == 6) buts[2] = "[div]You know that your chances of success are slim but you are prepared to take the risk.[/div]"; if(calculateur.value.input("Q8_portefeuille_rendement") == 1) buts[3] = "[div]To achieve your financial goals, this portfolio must generate the expected return.[/div]"; else if(calculateur.value.input("Q8_portefeuille_rendement") == 2) buts[3] = "[div]To achieve your financial goals, this portfolio must always maintain its value.[/div]"; else if(calculateur.value.input("Q8_portefeuille_rendement") == 3) buts[3] = "[div]To achieve your financial goals, this portfolio must at least maintain its value in the long term.[/div]"; else if(calculateur.value.input("Q8_portefeuille_rendement") == 4) buts[3] = "[div]To achieve your financial goals, this portfolio must generate a certain return, although it can be lower than expected.[/div]"; else buts[3] = "[div]You could achieve your financial goals even if your portfolio is volatile and generates less than the expected return.[/div]"; if(calculateur.value.input("Q1_investir_actuellement_amount") > 0 ){ buts[4] = "You would like to make a lump sum investment of $" + helper.number.format(calculateur.value.input("Q1_investir_actuellement_amount")) + " immediately"; if( calculateur.value.input("Q1_investir_periodique_amount") > 0){ buts[4] += " and $" + helper.number.format(calculateur.value.input("Q1_investir_periodique_amount")) + " " + $('[name="Q1_investir_periodique_periode"] :selected').text() + "."; } else{ buts[4] += "."; } buts[4] = "[div]" + buts[4] + "[/div]" } if(calculateur.value.input("Q1_investir_periodique_amount") > 0 && calculateur.value.input("Q1_investir_actuellement_amount") <= 0) buts[5] = "[div]You would like to invest $" + helper.number.format(calculateur.value.input("Q1_investir_periodique_amount")) + " " + $('[name="Q1_investir_periodique_periode"] :selected').text() + ".[/div]"; if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 1) buts[6] = "[div]In the short term, you cannot tolerate any financial loss.[/div]"; else if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 2) buts[6] = "[div]In the short term, you can tolerate a 5% decline in the value of your portfolio.[/div]"; else if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 3) buts[6] = "[div]In the short term, you can tolerate up to a 15% decline in the value of your portfolio.[/div]"; else if(calculateur.value.input("Q10_portefeuille_baisse_tolerer") == 4) buts[6] = "[div]In the short term, you can tolerate up to a 30% decline in the value of your portfolio.[/div]"; else buts[6] = "[div]In the short term, you can tolerate a decline of more than 30% in the value of your portfolio.[/div]"; buts;
Prenez garde!	if(calculateur.value.input("Q5_connaisances") == 3){ var garde = new Array(); if($('input[name=Q5b_type_investisseur_1]').is(':checked')) garde[1] = "[div]You have indicated that you can spot an undervalued stock.[/div]"; if($('input[name=Q5b_type_investisseur_1]').is(':checked')) garde[2] = "[div]A classic mistake that overly confident investors make is to multiply their transactions. In doing so, they rack up transaction fees and tend to earn below-index returns over the long run. On the whole, a long-term investment strategy will usually deliver positive results.[/div]"; if($('input[name=Q5b_type_investisseur_2]').is(':checked')) garde[3] = "[div]I can spot an undervalued stock. Careful! When the stock markets go up, some investors pat themselves on the back for their trading skills. Conversely, when they go down, they put the blame on unforeseeable events beyond their control. The fact is that no one can control or time the stock market[/div]"; if($('input[name=Q5b_type_investisseur_3]').is(':checked')) garde[4] = "[div]You track the stock markets and have indicated that you can spot and capitalize on market highs and lows. Can you trust your investment instincts? Many investors think they can predict market highs and lows. What could actually happen is that they sell, convinced that the market has peaked, and then it continues its upswing, or they sell when they think the market will fall, but it recovers before they can reinvest.[/div]"; if($('input[name=Q5b_type_investisseur_4]').is(':checked')) garde[5] = "[div] You look for low-risk stocks with good dividends. Careful! Stocks are never low-risk―even those of well-established companies that pay sizable dividends. During the 2008-2009 financial crisis, for instance, many such companies saw the value of their stock drop by more than 50%.[/div]"; if($('input[name=Q5b_type_investisseur_5]').is(':checked')) garde[6] = "[div]You would like to invest in low-risk financial products that generate high returns. Careful! Risk and return are directly related. Earning a high return means accepting a high degree of risk. One of the mistakes that investors make is to underestimate risk. When a stock sheds value, they sell it at a loss because they’re unable to tolerate the risk they’ve taken on. For more information, read [a href='https://lautorite.qc.ca/en/general-public/publications/for-general-public/fraud-prevention/' target='_blank']Red-flagging financial fraud[/a].[/div]"; garde; }
Autre 1	if(calculateur.value.input("Q6_votre_situation_financiere") > 2) "Si vous avez des dettes, auriez-vous avantage à les rembourser plutôt que d'investir? Parlez-en à un représentant.";
Autre 2	if(calculateur.value.input("Q3_retirer_delais") <=2) "Before investing, check whether you can cash in the amounts invested in case of need, and if so, what fees are involved.";
Autre 3	"your profile";
Autre 4	"In progress";
Autre 5	"Completed";