What are the summary prospectus rule amendments?
There are three parts to the rule amendments • The amendments require every prospectus to include a summary section at the front of the prospectus containing key information, to appear in plain English, in a standardized order, at the front of every mutual fund’s statutory prospectus, in place of the current risk/return summary. • TThe amendments also allow open-end management investment companies, registered under form N-1A, to fulfill their prospectus delivery obligations by providing a summary prospectus, which contains the same key information as the summary section, to the investor. They must also make additional information such as the statutory prospectus, SAI and shareholder reports available on the internet and in print upon request.
Related Questions
- The rule book does not match the summary card regarding the placement of artillery, leaders and engineers. Do these require both a City and a School or just a School?
- Where can I read the SPCC Proposed Rule Amendments in their entirety?
- What rule amendments also apply to domestic business combinations?
