Prospectus Express

E-delivery compliance document fulfillment with daily EDGAR updates

• Comprehensive investor life-cycle communications solution
• Web-based ASP solution with minimal implementation requirements
• Consent marketing and management available as an optional service

Prospectus Express® is the industry's only web-based data warehouse providing investor access to an online library of compliance documents sourced daily from the SEC's EDGAR database. Document coverage includes summary prospectuses, statutory prospectuses, supplements, semi-annual and annual reports, and statements of additional information (SAIs) for every open-end mutual fund, exchange-traded fund (ETF), exchange-traded note (ETN) and unit investment trust (UIT) sold in the United States

A comprehensive investor-communications solution, Prospectus Express enables brokerage firms and retirement plan providers to deliver web access to these documents at every phase of the investor life cycle:

Pre-Sale – Enables brokerage firms to give visitors on their own corporate website transparent access to Prospectus Express.

Point of Sale – Enables financial institutions to give an individual investor an electronic link to the appropriate document in Prospectus Express, when the investor makes an online transaction. The electronic link is either in the online transaction screen or an embedded email link.

Post-Sale – Enables financial institutions to collect and maintain electronic consents and then provide ongoing electronic delivery of disclosure documents to investors holding a fund or making ongoing contributions to the position.

• Brokerage Firms – Allows broker/dealer firms that sell funds online to meet compliance requirements with the most up-to-date prospectus (and other disclosure documents) during pre-sale or at the point of sale.
• Mutual Fund Companies – Provides layered disclosure website with EDGAR-supplied documents that uses the mutual fund company's URL, provides 24/7 hosting and monitoring, and includes a compliance envelope of all required documents.
• Retirement Plan Providers – Improves cost efficiency and guarantees compliance of prospectuses, supplements, and semi-annual and annual reports via electronic delivery and consent marketing and management.

• All U.S. open-end mutual funds
• All U.S. exchange-traded funds (ETFs)
• All U.S. exchange-traded notes (ETNs)
• All U.S. unit investment trusts (UITs)

Industry-Leading Compliance "Due Diligence"

• Built-In Daily EDGAR Updates – Broadridge's patented process technology downloads the latest SEC filings daily from EDGAR, helping to ensure that Prospectus Express is timely and accurate.
• SEC Form N-1A – Prospectus Express 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).
• Compliance Envelopes – For every fund, Prospectus Express provides access to an "electronic envelope" – a fund CUSIP-specific electronic archive containing the most up-to-date summary prospectus, statutory prospectus, supplements, semi-annual and annual reports, and statements of additional information.

• Self-Service Fund Lineup Maintenance – Using the convenient Prospectus Express web interface, firms simply upload their fund lineup changes and Broadridge implements these updates within 24 hours.
• Comprehensive Reporting – Broadridge automatically generates the following standard Prospectus Express reports for a client's sell list that can be accessed through a web interface:
  • Status of all documents
  • Recently retired funds
  • New funds available
  • User traffic
• Document Archiving – Broadridge stores all Prospectus Express documents since January 1, 1999 and can generate reports identifying the documents made available online on any given day.

• Web-Based ASP Solution – Prospectus Express requires no programming, no software or hardware expenditures, no maintenance, and no document archiving by the client organization.
• Seamless Integration – Prospectus Express integrates seamlessly with client websites, is transparent to investors, and is typically up and running within 10 weeks.
• Consent Marketing and Management – Total E-Consent Solution, Broadridge's patent-protected electronic consent collection and archiving capability, is available as an optional service.

• First-Dollar Prospectus – Prospectus Express typically delivers first-dollar prospectuses in T+1 (Transaction Plus One Day).