June 20, 2026 - Release Notes - Portfolio Settings Enhancements

Capital Gain Transparency

Building on the recent tax transparency enhancements for annual filings and estate calculations, we've added a new modal for Capital Gains on Financial Assets. To open the Capital Gain Details, go to the Client or Spouse's Planning Page, click the Taxable Income Details icon and then click the Capital Gain dollar value in any year of the projection.

You can toggle between asset classes in the top-right corner, and change the non-registered account (if there are multiple) and the year that you're reviewing in the top-left corner.

Capital Gains on Cash and Fixed Income

You can now allocate taxable returns for Cash and Fixed Income positions to Capital Gains in addition to Interest. On the Scenario Setup -> Settings -> Portfolio page, you can reduce the Interest allocation below 100% and the remainder will be allocated to Capital Gains.

We've changed how taxable returns are allocated across Interest, Dividends, and Capital Gains in scenarios with variable rates of return (e.g., in a Stress Testing scenario).

Previously, when the rate of return varied in a given year (e.g., in a Randomized or Historical scenario), the return was allocated proportionally across the Portfolio Settings assumptions. For instance, an Equity return of 15% was allocated 60% to Capital Gains, 20% to Canadian Dividends, and 20% to Foreign Dividends. As a result, the dividend income fluctuated from year to year. To more closely align the tax characteristics in Snap to typical distributions, we've adjusted this logic to fix the Interest and Dividend distributions at a set percentage of the account (based on the expected Rates of Return on the Scenario Setup -> Assets page) and then attribute the variable return net of the distributions to the Capital Gain category. For instance, an Equity return of 15% would be allocated to Canadian Dividends and Foreign Dividends based on the expected return for the account (which may result in 2% in total dividend distributions) and then the remaining return (13% in this example) would be allocated to Capital Gains.

As a result, existing scenarios with Stress Testing sequences will be impacted when you re-run the scenario. The taxes will be recalculated using the new logic which will smooth out the taxable income level in the projection and shift some Dividend and Interest income into Capital Gains income.