August 6, 2020
I could not find the feedback flyer I heard about.
I very much like the new annual report.
It should only be delivered once per year as long as performance and holdings are available online more frequently.
I this the cost presentation is a little much. Just tell me the expense ratio and the per $10k cost. Also, there are too many footnotes.
I am also not sure about the liquidity disclosure. Isnt it the hallmark on a mutual fund to be redeemable. Just get it done I dont need to know how.
I also like the simplified fee table and agree risks should be shorter.
I like the idea of a risk rating.
I also do not like the change to acquired fund fees and expenses. I dont like the idea of allowing a 10% hidden bucket that most investors wont take notice of. I guarantee you funds will fit that 10% bucket with other funds advised by the adviser.