A mutual fund prospectus provides
A) a forecast of future fund performance
B) a forecast of the macroeconomy over the next year
C) a forecast of the expected tax consequences over the next year
D) provides the fund's purpose and intended investment activity

Question

Quizplus · Accepted Answer

A mutual fund prospectus provides details about the fund's purpose, investment strategies, risks, fees, and other important information, but it does not provide forecasts of future performance, the macroeconomy, or tax consequences.

A Mutual Fund Prospectus Provides