01
Mandate
Extract the investment objective, 80% language, and stated geography from the latest summary prospectus.
Data-ready. Action-focused.
Does this fund still match its prospectus?
Check 80% policies, style drift, and mandate alignment against official SEC filings. Built for compliance, risk, and allocator teams — including the quarterly Names Rule review.
Start free — the first five reviews, including the connector. See plans →
What you get
A documented pass / flag / fail file.
Export Markdown, JSON, HTML, or CSV. A review aid from public EDGAR filings — not a substitute for legal review.
Example scorecard
SAMPLE
Illustrative stamps — not a live filing.
- 80% policypass
Stated equity ≥ 80%. Actual 97%.
- Geographicpass
US-focused mandate. Holdings 96% US.
- Style driftflag
Prospectus is blend. Book leans growth.
- Concentrationpass
Top 10 is 31% of NAV.
Portfolio value
$612.4B
As of illustrative · N-PORT
Asset class
97%Equity
- Equity97.0%
- Cash2.0%
- Other1.0%
Geography
96%United States
- United States96.0%
- International4.0%
Source data is public EDGAR only, for US funds. We do not scrape fund-company websites. Read data limitations →
How it works
02
Portfolio
Normalise public N-PORT holdings by weight, asset class, and country — not a marketing factsheet.
03
Scorecard
Rule-based pass / flag / fail on policy, concentration, and drift. Export Markdown, JSON, HTML, or CSV.
Who it is for
Compliance
Turn the quarterly 80% review into a documented scorecard.
Risk / Oversight
See when holdings drift from the stated mandate.
Allocators / Family offices
Verify that the fund you bought still matches the prospectus you underwrote.
Use it your way
In the browser, or inside any AI with MCP support
Open a fund, run the scorecard, export the file. Or add the connector once — Claude, Grok, ChatGPT, or any assistant that speaks MCP — and ask: “Does SPY still match its prospectus?”
AP Digital Solutions×
AP Digital Solutions
Prospectus & Holdings Alignment
Data-ready. Action-focused.
Does this fund still match its prospectus?
Check 80% policies, style drift, and mandate alignment against official SEC filings.
What are the latest fund holdings?
Analyze style drift in this portfolio.
Does SPY still match its prospectus?FAQ
Prospectus vs holdings, in brief.
- What is AP Digital Solutions?
- AP Digital Solutions (GbR, Siegen) compares a US mutual fund or ETF’s stated prospectus with its actual SEC N-PORT holdings. The product is prospectus vs holdings alignment — a documented pass / flag / fail scorecard for compliance, risk, and allocator teams. It is not investment advice.
- How do I check if a US fund still matches its prospectus?
- AP Digital extracts the stated mandate from the latest summary prospectus (Form 497K or 485) and compares it with public N-PORT holdings. You get a documented pass / flag / fail scorecard on 80% policy, geography, style, and concentration.
- What is the 80% Names Rule review?
- If a US fund’s name suggests a type of investment, SEC Names Rule (Rule 35d-1) generally requires at least 80% of assets to follow that policy. We detect 80% language in the prospectus and compare it with the latest public holdings. That is a review aid, not a legal determination.
Start a review
Open the workspace and pull a filing.
Public EDGAR for US funds today. European UCITS ETFs are on the way. Results are a review aid, not investment advice.