What is a prospectus?
The prospectus is a disclosure document that meets specific statutory requirements. It describes various aspects of the park such as number of lots and facilities provided. The prospectus discloses all components of the lot rental amount and the manner in which utility and other services are provided. Its purpose is to disclose the representations of the mobile home park owner concerning the operations of the mobile home park.
A mutual fund prospectus is a formal document issued to prospective investors in a mutual fund that details many aspects of the fund. The prospectus provides the most detailed information available on a mutual fund, and should be read carefully before any investment is made. Topics covered by the prospectus include security types the mutual fund can invest in, investment strategy, historical performance, costs, background on the fund management and fund custodians, process for buying and redeeming shares, services offered and fees. Delivery of a prospectus is mandated under Securities and Exchange Commission rules prior to the sale of a mutual fund.
Related Questions
- How should a registrant conducting a continuous offering on Form S-1 update the prospectus to reflect the information in its subsequently filed Exchange Act reports?
- How can I access the new Prospectus Data Fund Profile and can I export the data to Excel?
- How may I view the Initial Public Offering Prospectus for Hektar REIT?
