Investment fund management reports provide investors with the information they require regarding their investments. They provide investment objectives and costs, as well as details on holdings and performance – and many other aspects. Detail reporting is essential to keep existing clients happy and to attract new ones.
Many trusts, investment managers and family offices employ a variety methods to manage and report their assets. Some people utilize Excel spreadsheets, whereas others utilize specialized software to track their money. Whatever method you choose it’s essential to have the appropriate technology, so that the right information is compiled and delivered at the right time.
Ideally, investment fund directors should be given data and information which allow them to evaluate the effectiveness of a fund’s fees and expenses, including those related to the selection of portfolio securities. In addition, the independent directors of a fund should have the opportunity to read and review materials prepared by outside experts for the evaluation of service contracts and fee.
To address these larger needs to address these needs, the Commission should consider whether it’s appropriate to require certain fee-related information, such in dollars to be included in the fund statements on accounts. Shareholders could then be able to compare their fees to other funds and get personalized information.