Mutual Fund Prospectus | Funds | What is it?

Mutual Fund Prospectus

Mutual Fund Prospectus | What is it?

A legal document setting forth the complete history and current status of a security issue which must be made available to all interested purchasers in advance of a public offering under the Securities Act of 1933. The formal written document must describe the plan for a proposed business enterprise, or the facts concerning an existing one, that an investor needs in order to make an informed decision. Prospectuses are used by mutual funds to describe the fund objectives, risks and other essential information.

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