Tag: investment disclosures

“Because funds bear the cost of shareholder report delivery, intermediaries have little incentive to negotiate lower delivery rates with the fulfillment vendor or otherwise control costs,” the Investment...

The proposal is intended to help investors better understand these contracts' features, fees and risks, and to more easily find the information needed to make an informed investment decision.

A test of the summary report found more than 90% of mutual fund investors agreed it was enough to help them stay informed and was a document they...