Mandatory as of January 1st, 2010, the SEC is requiring the inclusion of a Summary Section in each mutual fund prospectus. The goal? To provide investors with comprehensive quality information that is easy to use and access so that they can make informed investment decisions.
In addition, the SEC is making it optional for mutual fund companies to print and mail a Summary Prospectus with the same content and use it as the primary disclosure. With this option comes SEC mandates for additional Web hosting and linking requirements.
Although using the Summary Prospectus option may save print and postage costs, it poses implementation challenges for many companies. Can this process become less complex? Merrill has a way.
Merrill Prospectus Complete is an end-to-end solution that simplifies Summary Prospectus implementation so that you can help investors make informed decisions while reducing your costs and ensuring compliance with SEC requirements.
The Better Way —
Merrill Prospectus Complete enables you to:
1. Increase the efficiency of composing prospectuses and adhering to EDGAR filing deadlines
- Provides 24/7 world-class composition, using industry-standard software and proven quality control methods.
- Offers access to our experts on SEC rules and processes and to daily guidance from the Merrill Account Services Team.
- Helps you meet intensive deadlines using state-of-the-art composition and EDGAR filing technology.
2. Increase the convenience and accuracy of hosting, linking and navigating information
- Increases accuracy by automatically linking documents, including supplements – in turn eliminating human error.
- Sets the standard for intuitive navigation, optimizing visitor’s Web site experience.
- Reinforces your brand through a document update process that presents documents on-screen in their original fund company branded form.
3. Simplify the output and distribution process
- Ensures you are compliant with the three-day requirement by processing orders daily.
- Offers a robust platform for integrated Print on Demand, inventory management and fulfillment.
- Makes fully branded documents available to your investors.
Getting Started Is Easy —
An implementation team manages the details
Merrill’s experienced, highly skilled implementation team is unique in the industry. This group is dedicated to adapting Merrill Prospectus Complete to each new client and ensuring a seamless implementation. Our team identifies best-practice changes and facilitates optimization. The outcome is a fast track to Summary Prospectus implementation.
For more information about Merrill Prospectus Complete or any Merrill products or services, please contact us today at (800) 688-4400.
