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We have decided to make our summary prospectuses available now because we strongly feel this innovation represents a significant step forward in our ability to communicate with current and potential shareholders, said Jim Atkinson, chief executive officer of Guinness Atkinson.
Creating a four-page document that can stand on its own took a substantial effort on the part of our compliance team, he said. Nonetheless, the effort was worth it because investors will be better informed, he added. Providing a document that is inviting for investors to read rather than filled with industry jargon is a matter of prudent public policy and a vastly improved means of shareholder communication, he said.