Industry: Fund and Documents

industry: My holiday wish list is filled with ideas that most industry insiders scoff at, right up to the point when performance lags or there an industry scandal, at which point they get re-packaged as mutual fund reform, according to Market Watch. Yet I expect that one day, most of these fund wishes will come true 1. Which is why I wish the fund industry would treat investors better. Electronic documents as the default choice for shareholders Recently I proposed personalized prospectuses where investors could choose the presentation order for the items they consider most important something much better than the current traditional or summary prospectus because it can include items those documents bury. Sadly, studies show that shareholders barely read fund documents; regulators should let fund companies save paper and expenses and make electronic delivery the default. Fund companies already deliver documents electronically, but consumers have to opt-in to get it. (news.financializer.com). As reported in the news.