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A typical mutual fund can seem opaque, especially if the account value drops, leading to concerns about issues inside the fund. For instance, if an account’s value is down by 5.5%, but dividends have increased by over 12%, this highlights the importance of understanding overall performance beyond just account value. The BPI client progress report enhances transparency by showing not only changes in account value but also the proportional changes in shares and dividends. To avoid being “boxed in” by unclear information, investors are encouraged to speak to their advisors about how transparency can positively impact their investment decisions.