Reguiations require that mutual fund managers specify the investment objectives of their funds in a$($n$)$ Ivalisble to prospective investors.

announcement

white paper

specification sheet

prospectus

The return for the investor from investing in mutual fund shaces reflects three aspects of the underlying portlolio of mutual fund assets, which are

paymeet of new funds raised to existing fond sharehoiders as profits.

ter defuctions or trects susoclstod with ownership of fund assels.

caphal gains earned on the fund assets.

Capitat appreciation from the profiable investment of new funds.

Income and dividends earned on the fund assets.