What are the requirements if I choose to produce a summary prospectus?
If a fund company chooses to deliver a summary prospectus in place of the statutory prospectus, they must meet the additional specific requirements including: • The fund’s summary prospectus, statutory prospectus, SAI, and most recent annual and semi-annual reports to shareholders must be accessible, free of charge, at a website (the website must be disclosed on the cover or at the beginning of the summary prospectus); • These disclosure documents are accessible online for at least 90 days after the summary prospectus is delivered to investors; • Investors are able to retain an electronic version of the disclosure documents through downloading or otherwise, free of charge; • The full statutory prospectus and the SAI on the website include a table of contents with hyperlinks, or bookmarks, directing a reader to the relevant sections within the document; • A reader can link between the summary prospectus and the related statutory prospectus and SAI within two clicks.
Related Questions
- Why didn’t the summary within the prospectus mention the Euroclear / Clearstream restriction or that coupon payments would be suspended for two years?
- If a user downloads a summary prospectus, statutory prospectus, SAI or shareholder report, must the linking between documents be maintained?
- What are the requirements for the executive summary?
