Mutual funds are professionally managed firms that pool money from many investors. They then invest this money in stocks, bonds, and short-term money market instruments and other securities as per their prospectus.
Mutual funds are sold by prospectus only. Investors should consider objectives, risks, charges, and expenses of the fund carefully before investing. The fund prospectus contains this and other important information. Investors should read the prospectus carefully before investing. For a copy of the prospectus, contact your financial advisor.
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