Mutual Fund Reports
Stockholders, particularly those who own shares in mutual funds, could profit greatly from the savings in printing costs and postage, if mandatory distributions and mailings of annual and quarterly reports and proxies were eliminated.
Most shareholders do not read them. Many because they can't understand the verbiage. But rigid regulatory rules mandate usage in their present form.
One suggestion: Why not simply give investors the option of getting just an outline of basic information for laymen? One or two pages should be sufficient. The detailed info can be online or copies for the professionals and lawyers who want them.
I assure you the bulk of what is now sent out immediately winds up in the garbage.
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