Form N-1A

A form used to register mutual funds and other investment companies with the SEC. The form gives information about the investment company, such as its investment strategy, organization, and potential risks associated with it. An investment company is required to fill out Form N-1A unless it is an insurance company associated with a mutual fund or if it is already registered under the Small Business Administration. This form exists to promote transparency in the market. See also: Prospectus.

Form N-1A

An SEC form for the registration of mutual funds.

References in periodicals archive ?

SEC Clarifies Investment Advisers' Proxy Voting Responsibilities and Application of Proxy Rules to Voting Advice

The Commission has issued guidance to assist investment advisers in fulfilling their proxy voting responsibilities, particularly where they use the services of a proxy advisory firm, and provides guidance on proxy voting disclosures under Form N-1A, Form N-2, Form N-3, and Form N-CSR under the Investment Company Act of 1940.0x20 The Commission has also issued an interpretation of Exchange Act Rule 14a-1(l) that proxy voting advice generally constitutes a solicitation under the federal proxy rules and related guidance regarding the application of the antifraud provisions in Exchange Act Rule 14a-9 to proxy voting advice.

SEC Clarifies Investment Advisers' Proxy Voting Responsibilities and Application of Proxy Rules to Voting Advice

For instance, Form N-1A requires investment companies to present financial data in comparative columns "for each of the last 10 fiscal years." (45) Funds should also provide fee data for each of these periods so that investors can determine whether adviser compensation aligns with fund performance over time.

This supplementary section could be added to item 26 of Form N-1A, which requires a discussion of the factors that a fund's board uses to decide whether to approve an advisory contract.

See SEC, FORM N-1A, at item 3, instruction 3(e) [hereinafter FORM N-1A], available at http://www.sec.gov/about/forms/formn-1a.pdf (last visited Jan.

(32.) This Part will review the disclosures required of mutual funds on Form N-1A, the registration statement, which, in contrast to Forms N-SAR and N-Q, contains significant information about advisory fees.

(45.) FORM N-1A, supra note 25, at item 4(b)(2)(ii).

To "make full disclosure and play no tricks": a proposal to enhance fee transparency after Jones v. Harris Associates

The SEC has adopted amendments to Form N-1A requiring certain key information in plain English in a standardized order at the front of each mutual fund's prospectus.

The summary prospectus must have the same information and order as the Form N-1A amendments.