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What is a mutual fund prospectus?

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18th Nov 2009 by Mark P. Cussen, CFP, CMFC

The prospectus is a legal document that formally outlines all of the pertinent information and characteristics of a mutual fund. This document will list a fund's managers, investment philosophy, fees and sales charges, historical performance and other relevant data. All mutual fund investors must be furnished with a prospectus either before or at the time that shares are purchased.

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18th Nov 2009 In Mutual Funds 1 Answers | 1129 Views

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