Complex funds need better risk disclosure

Complex funds need better risk disclosure. Robert Pozen, May 5, 2013, Opinion. "Risk matters as much as return in any mutual fund investment, but assessing the risk of a specific mutual fund can be a challenge. Even though mutual funds have become increasingly complex, their risk disclosure was designed for a simpler era, when funds used only traditional investment strategies. Funds continue to inform investors about risks primarily by using words. In the prospectus sent to fund buyers, funds describe the types of investments they may own...." May require purchase or user account. Link verified June 18, 2014