Mutual fund websites as a whole are well designed with solid content, according to the "Internet Standards Assessment Report" released by the Web Marketing Association of Boston. The report was based on an assessment by 200 judges of more than 2,300 websites of companies across 85 industries.
"Many asset management companies have been very effective in using their websites to meet the needs of investors and their financial advisers," said William Rice, president of the Web Marketing Association. "However, they tend to be slow to adapt to innovation and new technology, usually due to the conservative nature of fund companies and the strict regulatory environment in which they operate. The best mutual fund websites have up-to-date commentary and tools to help investors understand their investments and the investment manager's outlook on macro issues as well as the portfolio."