Asked by
Paulina Hernandez
on Oct 20, 2024
Verified
An official description of a particular mutual fund's planned investment policy can be found in the fund's ________.
A) prospectus
B) indenture
C) investment statement
D) 12b-1 forms
Prospectus
A formal document that is required by and filed with the Securities and Exchange Commission that provides details about an investment offering for sale to the public.
Investment Policy
Investment Policy outlines a strategy, guidelines, and constraints for managing an investment portfolio.
Mutual Fund
An investment vehicle that pools money from multiple investors to buy a diversified portfolio of stocks, bonds, or other securities.
- Acquire knowledge on the Securities and Exchange Commission's stipulated regulatory mandates and transparency requirements for mutual funds.
Verified Answer
ER
Learning Objectives
- Acquire knowledge on the Securities and Exchange Commission's stipulated regulatory mandates and transparency requirements for mutual funds.