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View Full Version : I need to know on how to read my investment statement


davejag
May 17, 2008, 07:54 PM
I have mutual funds in the bank and I just found out about them ( it was money left for me when my grandparents died). I need to get at them but don't know if I can cash them or not. My bank doesn't open again till Tuesday and I am really worried. My sister has had them in her name because I was under age when they were set up, but now I am over 20 and I woundering if I can go into the bank and get them with or without her.

This is how it looks on the page ( I will leave the dollar amount out I'll just put$)

Name: Lynnea Jamason ITF Joanna
Signing Authority Individual

Restraint Type: No Restraints



Mutual Funds Status Units owned Unit Price Value
Balance A 300 $ $
Canadian Dividend A 10.75
Life S A 200



APA Instructions No


Restraint Type No Restraints

davejag
May 17, 2008, 09:23 PM
Does ITF stand for In Trust For? It says sole owner does that mean I am the owner of the funds or she is? It has all her information on the account like birthday and phone number.