Starting with the September release of Wealthscape℠ and Wealthscape Investor℠, Total Securities Market Value – a value on Account Balances – will no longer include the Core Sweep/Fund balance in its calculation. The reason for this change is that including the Core Sweep/Fund balance in the Total Securities Market Value calculation overstates the Total Securities Market Value between trade date (TD) and settlement date (SD) when there is a pending “buy” in the account.
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TC116421(0820)1