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Portfolio-Specific Printing
Cost-effective, portfolio-specific disclosure documents
- Cuts offset fulfillment costs by up to 25-30% while meeting compliance obligations
- Provides additional savings of 10-15% with Optimi$er delivery option
- Improves investor relations with personalized communications
- Easily integrates with NewRiver's e-delivery and consent management services
Overview
NewRiver's Portfolio-Specific PrintingSM (PSP) enables financial institutions to deliver a custom disclosure booklet for each investor. It's an intelligent approach to fulfillment that meets compliance obligations and cuts compliance costs by 20-30%, on average, by eliminating 80-90% percent of the pages delivered by a traditional, catalog-style mailing. With PSP, firms print and deliver only those documents relevant to each investor's actual holdings. These tailored documents not only cut costs, they also improve customer relations by replacing an anonymous catalog with a more personalized investor mailing.
Even better news: Now NewRiver's Optimi$er feature can help firms save an additional 10-15% by shifting more of the custom booklet work to offset printing without delivering a single extra fund document beyond what's required for each investor. To take advantage of these "optimized" savings, clients need only request a preview of their potential savings and then select the Optimi$er delivery option for their next mailing. Combined, PSP and the Optimi$er can save some clients up to 45% off traditional catalog-style print mailings.
NewRiver maintains the accuracy of its disclosure documents through a patented process that dynamically links disclosure information to the SEC's EDGAR system with built-in, daily updates. No other vendor offers a solution that matches the NewRiver portfolio-matching process, with total support of each firm's particular business rules. Additionally, Portfolio-Specific Printing interfaces with any qualified printer or internal print shop - enabling firms to source print competitively to ensure the lowest cost with a high level of service.
Who's It For?
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Individual Variable Annuity Providers |
Replace bulky and expensive catalog-style compliance mailings with targeted portfolio-specific disclosure books eliminating up to 90% of the pages traditionally delivered.
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Retirement Plan Providers |
Replace periodic fulfillment house delivery of fund documents to 403(b) plan participants with timely portfolio-specific mailings keyed to each participant's holdings, and a daily first-dollar process to cover transactions.
Offer 401(k) plan sponsors a cost-effective 404(c) Safe Harbor compliance option.
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Third-Party Administrators (TPAs) |
Offer a cost-effective 404(c) Safe Harbor compliance solution as a premium service option at the employer level. |
Coverage
- All U.S. open-end mutual funds
- All U.S. exchange-traded funds (ETFs)
- 529 college savings plans
- Variable annuity subaccounts
- Variable life and variable universal life subaccounts
Key Features
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Cuts Costs |
- Eliminates up to 90% of the Content - Replaces wasteful, catalog-style disclosure books with slim, custom booklets at a fraction of the print and postage costs.
- Optimi$er Delivery Option - Helps achieve an additional 10-15% of savings on top of original Portfolio-Specific Printing savings of 20-30%. That's a potential savings of up to 30-45% off traditional print fulfillment.
- Printer Independence - Works with any qualified printer (including a firm's internal print shop) and enables firms to source print competitively to ensure the lowest-cost, best-service levels.
- E-Delivery Available - Integrates with Prospectus Express (NewRiver's electronic prospectus and disclosure document service) and Total E-Consent Solution (NewRiver's consent marketing and management service) for maximum savings.
- Flexible Delivery - Supports any business rule a firm wants to apply to deliveries (such as account activity filters, householding rules, business line segmentation, supplement relevance tests, etc.) to balance a firm's compliance disclosure with economics.
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Improves Investor Communications |
- Timely Delivery - Only NewRiver offers a daily first-dollar prospectus delivery process using compliance-guaranteed documents sourced daily from EDGAR.
- Investor Relevance - Delivers only the disclosure documents required by each investor's holdings.
- Green Solution - Reduced paper count improves investor satisfaction and saves more trees, ensuring an eco-friendly disclosure document solution.
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Meets Compliance Obligations |
- Assured Compliance - NewRiver's patented process technology incorporates the latest SEC filings daily from EDGAR, ensuring disclosure documents are up-to-date and compliant.
- SEC Form N-1A Compliant - NewRiver meets SEC requirements for presenting performance graphics in prospectuses (e.g., bar chart showing total annual return for 10 years or life of fund) and annual reports (e.g., line graph showing growth of $10,000 investment over 10 years or life of fund).
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