SEC Form N-1A

AAA

DEFINITION of 'SEC Form N-1A '

A filing with the Securities and Exchange Commission (SEC) that must be submitted by mutual funds, except for insurance company separate accounts and small business investment companies licensed under the United States Small Business Administration. The form is designed to promote effective communication between funds and prospective investors by including information on the fund's fundamental characteristics and investment risks. The information must be presented clearly, so that the average investor, who may not have a strong legal or financial background, can understand it. It must also provide a balanced view of the fund, disclosing both its positives and negatives.

INVESTOPEDIA EXPLAINS 'SEC Form N-1A '

The filing should include a summary of the fund's risks and returns, fees, investment strategies and objectives, disclosure of holdings, management organization and structure, and fund history, among additional related information. This form is required under the Securities Act of 1933 and the Investment Company Act of 1940. The SEC substantially revised the form in 1998 to improve mutual fund disclosures for investors.

RELATED TERMS
  1. Investment Company Act Of 1940

    Created in 1940 through an act of Congress, this piece of legislation ...
  2. SEC Form 24F-2NT

    A filing with the Securities and Exchange Commission (SEC) that ...
  3. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  4. Prospectus

    A formal legal document, which is required by and filed with ...
  5. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  6. Risk

    The chance that an investment's actual return will be different ...
Related Articles
  1. Investing Basics

    SEC Filings: Forms You Need To Know

    The forms companies are required to file provide a clear view of their histories and progress.
  2. Investing Basics

    Policing The Securities Market: An Overview Of The SEC

    Find out how this regulatory body protects the rights of investors.
  3. Investing

    Where can I find a company's annual report and its SEC filings?

    Thanks to the Internet, finding financial reports is easier than ever. Nowadays, every reputable company has an investor relations section on its website that is a wealth of information. Walt ...
  4. Investing

    What happens to the fines collected by the Securities and Exchange Commission?

    When the Securities and Exchange Commission (SEC) enforces a civil action against a corporation or an individual found guilty of violating SEC regulations, there's a good chance that some sort ...
  5. Personal Finance

    Who's Looking Out For Investors?

    If your account has been mishandled, FINRA and the SEC are among several organizations that can help.
  6. Mutual Funds & ETFs

    What are the risks involved in keeping my money in a money market account?

    Setting aside funds in a money market account can be a safe investment strategy, but investors should be aware of the risks inherent to money market options.
  7. Mutual Funds & ETFs

    Does it make sense for me to have a money market account if I don't want to buy any securities?

    Saving funds within a money market account or mutual fund does not have to be limited to those wanting to buy or sell securities in the near future.
  8. Mutual Funds & ETFs

    How much of my total assets should I be keeping in my money market account?

    Investing a portion of total assets in a cash position such as a money market account provides investors access to funds in the case of an emergency.
  9. Mutual Funds & ETFs

    Why would you keep funds in a money market account and not a savings account?

    Read about the differences between money market accounts and savings accounts, and see why a depositor would elect a money market over a savings account.
  10. Mutual Funds & ETFs

    What determines the interest rate in my money market account?

    Placing funds in a money market account may provide a higher interest rate than a savings account due to the underlying securities of the money market fund.

You May Also Like

Hot Definitions
  1. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  2. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  3. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  4. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  5. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  6. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
Trading Center