The calculator does not take into account any costs (such as commissions, taxes and account fees) borne by the investor. Such costs would increase the cost of investing.
Note: Index Equivalent Basket assumes a ratio of approximately TBD% IDIV & TBD% XDIV which most closely replicates the equity market's dividend cash flow and equity price exposure.
The Portfolio Calculator is an interactive tool designed to help investors customize a portfolio to their unique, target exposure to equity index price movements and dividend cash flow. Investors input their initial portfolio investment amount and then select their desired portfolio allocations.
The calculator determines the IDIV’s Dividend Cash Flow Exposure1 relative to a similar sized investment in the underlying equity index, as well as the number of IDIV shares and investment dollars needed. Similarly, XDIV’s Equity Price Exposure2 relative to a similar sized investment in the underlying equity index is calculated. Holding an equal ratio of IDIV & XDIV securities approximately represents an investment in the underlying index. This combination is depicted on the calculator as the Index Equivalent Basket3.