{"content":[{"text":"2","bbox":{"left":0.495098,"top":0.043439,"width":0.00980399999999998,"height":0.020212}},{"text":"(a) the plan sponsor selects the mutual funds that members will be able to invest \n in under the capital accumulation plan,","bbox":{"left":0.205882,"top":0.088894,"width":0.63117,"height":0.037636}},{"text":"(b) the plan sponsor establishes a policy, and provides members with a copy of \n the policy and any amendments to it, describing what happens if a member \n does not make an investment decision,","bbox":{"left":0.205882,"top":0.141167,"width":0.618564,"height":0.055060000000000026}},{"text":"(c) in addition to any other information that the plan sponsor believes is \n reasonably necessary for a member to make an investment decision within the \n capital accumulation plan, and unless that information has previously been \n provided, the plan sponsor provides the member with the following \n information about each mutual fund the member may invest in,","bbox":{"left":0.205882,"top":0.210863,"width":0.642109,"height":0.08990899999999999}},{"text":"(i) the name of the mutual fund, \n (ii) the name of the manager of the mutual fund and its portfolio adviser, \n (iii) the fundamental investment objective of the mutual fund, \n (iv) the investment strategies of the mutual fund or the types of \n investments the mutual fund may hold, \n (v) a description of the risks associated with investing in the mutual \n fund, \n (vi) where a member can obtain more information about each mutual \n fund’s portfolio holdings, \n (vii) where a member can obtain more information generally about each \n mutual fund, including any continuous disclosure, and \n (viii) whether the mutual fund is considered foreign property for income \n tax purposes, and if so, a summary of the implications of that status \n for a member who invested in that mutual fund,","bbox":{"left":0.264706,"top":0.315409,"width":0.584944,"height":0.246651}},{"text":"(d) the plan sponsor provides members with a description and amount of any fees, \n expenses and penalties relating to the capital accumulation plan that are borne \n by the members, including:","bbox":{"left":0.205882,"top":0.576697,"width":0.643718,"height":0.05506}},{"text":"(i) any costs that must be paid when the mutual fund is bought or sold, \n (ii) costs associated with accessing or using any of the investment \n information, decision-making tools or investment advice provided by \n the plan sponsor, \n (iii) mutual fund management fees, \n (iv) mutual fund operating expenses, \n (v) record keeping fees, \n (vi) any costs for transferring among investment options, including \n penalties, book and market value adjustments and tax consequences, \n (vii) account fees, and \n (viii) fees for services provided by service providers","bbox":{"left":0.264706,"top":0.646393,"width":0.587687,"height":0.19445500000000004}},{"text":"provided that the plan sponsor may disclose the fees, penalties and expenses \n on an aggregate basis, if the plan sponsor discloses the nature of the fees,","bbox":{"left":0.25,"top":0.855484,"width":0.597882,"height":0.03763700000000003}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}