Investors can access all the information they require about their investments from management reports for investment funds. They provide information on investment goals cost, holding information, costs and performance – as well as many more elements. Detail reporting is essential to retaining existing clients and attracting new ones.
Many investment managers, trusts and family offices use a variety methods to manage and track their assets. Some utilize Excel spreadsheets to track their funds, whereas others rely on dedicated software. Whatever method you choose, it’s important to have the appropriate technology in place investment fund management reports to ensure that the appropriate information is collected and delivered at the right time.
Ideally directors of investment funds should be provided with information and data which will enable them to evaluate the appropriateness of the expense and fees incurred by the fund in relation to the selection and management of portfolio securities. In addition, independent directors of a fund should be given the opportunity to examine documents created by outside experts in connection with evaluating service contracts and fees.
To meet these broader requirements To address these larger needs, the Commission should consider whether it’s appropriate to require that certain fee-related information, expressed in dollars, be provided in the fund account statements. Shareholders could then compare their fees with other funds and have personalized information.