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Prospectus Financial Glossary

What is it? For mutual funds and variable annuities, a legally required document that details investment objectives, history and performance, and describes an investments operation, fees and other legal and financial information. Filed with the Securities and Exchange Commission, a prospectus can help investors make more informed investment decisions and should be read before investing (see Mutual Fund, Variable Annuity, Securities and Exchange Commission).

Finance Term Definition Added By: Nathaniel

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