About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

NewRiver Releases Summary Prospectus Index for Tracking on SEC’s Edgar

Subscribe to our newsletter

NewRiver has released a new tool that tracks all summary prospectus filings on the Securities and Exchange Commission’s (SEC) Edgar database. Dubbed NewRiver Summary Prospectus Index, the new offering tracks fund families, fund names and the number of filings for both standalone summary prospectuses filed via Form 497K and filings of statutory prospectuses that include a summary section.

According to the vendor, the tool has been developed in response to meeting the requirements of the SEC’s rule, which became effective on 31 March 2009 and requires firms to deliver the summary prospectus in either print or electronic format and to make the longer “statutory” prospectus available to investors within a mouse click via layered disclosure.

To date, 13 fund companies, including American Funds, Nuveen Funds and Van Kampen Funds, have filed summary sections within 58 statutory prospectuses. In addition, three fund companies – Embarcadero Funds, Diamond Hill Funds and Guinness Atkinson Funds – have filed 18 standalone summary prospectuses.

The vendor hopes that the index will be of interest to mutual fund firms and intermediaries and expects to see an acceleration of summary prospectus filings, as more and more fund firms realise the cost savings it entails, explains Len Driscoll, chief client officer at NewRiver. “Firms are eager to have smaller documents that are printed on demand, rather than stored as inventory. We have been tracking filings since the rule went live in March, and expect these numbers to grow rapidly,” he adds.

This release follows closely on the heels of two other recent summary prospectus related announcements from the vendor: the launch of Prospectus Express 3.0 and the partnership with Broadridge Financial Solutions. Under the latter, Broadridge now exclusively offers NewRiver’s Prospectus Express and Virtual Document Warehouse products for pre-sales and first-dollar deliveries in the brokerage market.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

10 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency,...

BLOG

APAC Data Management Leaders Revealed in Inaugural A-Team Insight Awards Introduction

A-Team Group is pleased to announce the winners of the inaugural Capital Markets Technology APAC Awards 2025. These awards celebrate the technology providers and financial institutions at the forefront of innovation across the Asia Pacific region. Coinciding with the announcement, we have also launched our comprehensive annual report, “The State of Capital Markets Technology in...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...