Abstract: In a folder of the type used for carrying sheets of material and being adaptable for displaying the sheets, there is provided a folder having a pair of panels joining together and being foldable at a center of the folder. Each panel has a pocket portion for storing the sheets of material and a foldable ledge means for displaying the sheets when the folder is in an open position. The folder is also provided with bands for supporting the folder on the hand of a user and means for displaying the folder in an open position on substantially flat surfaces.