Capital Gains for Segregated Portfolio

Summary Checklist for Calculation

1. Find the Cost Allocation: Look for the "Segregation Letter" or "Account Statement" from your AMC to find the ratio used to split the cost from your original investment.

2. Determine Date of Purchase: Use the date you originally purchased the units in the main portfolio.

3. Calculate Gains: Subtract the allocated cost from the redemption proceeds.

4. Check Tax Status: Apply the tax rate based on whether your total holding period qualifies as STCG or LTCG and the date of your initial investment.