Whether the facts is used by simply an mechanic or by the users of its studies, investment fund management must make its revealing practices transparent. This involves more than merely providing article users with all the necessary facts, nevertheless also establishing regular communication and understanding of their needs. This makes sure that the information that may be provided is relevant, timely and meets the reporting requirements.

A fundamental necessity is a clear and comprehensive explanation of service fees. This includes the types of charges that are made and their influence on investor rewards. It is important that buyers understand the full-range of costs charged with a fund. Some funds identify the term management fee narrowly, to include the particular costs associated with choosing portfolio investments; other cash charge management, record keeping and other services beyond the cost of managing the money; and a few funds have unified fees.

Some other requirement is a disclosure for the dollar amount of fees that investors truly pay. Many investors carry their shares in omnibus accounts with broker-dealers, and it is not necessarily possible for these broker-dealers to calculate the dollar amounts attributable to individual shareholder accounts balances. It is therefore important that the adviser build interfaces with these broker-dealers to enable the calculation of fee portions attributable to individual shareholders.

Finally, it is important that the reporting system provide a means for comparing the return of a fund with the returns of other equivalent funds. This can be a critical function for investors and really should be incorporated into all data room blog reporting devices.