Citizens Advisers, the investment advisor to the socially responsible Citizens Funds, has changed the design and content of its quarterly shareholder reports.
- Besides streamlining the statement format to be more concise, Citizens now includes beginning and ending net asset value share prices, as well as the most recent performance for all nine of its funds. In addition, the statements summarize all transaction activity in the quarter.
"Account statements are the single most important investor communication tool we have," said Robert Gunville, chief operating officer of Citizens Advisers. "Weve listened to our shareholders feedback and are pleased to provide them with a statement that offers more information, uses less paper and is produced cost effectively."