On Thursday, the Securities and Exchange Commission issued a sample format for the mutual fund prospectus profile it has proposed requiring fund companies to send to investors. The three- or four-page document would be in the front of every prospectus. In addition, fund companies would have the option of sending the shorter form to investors and making the longer version available on their website or in hard copy, upon an investor’s request.

It includes the most important information on a fund: investment objectives, costs, principal investment strategies, risks, performance, top 10 portfolio holdings, the identity of the investment advisory firm and portfolio managers, and information about broker compensation and conflicts.

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