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Mutual Funds




SAI


It stands for statement of additional information; an addendum to a prospectus of a mutual fund that furnishes prospective investors with useful information (disclosures) about the fund’s operations in addition to the minimum requirements set by a regulatory authority. The statement of additional information is an optional supplementary document- i.e., mutual funds have the option to release or not.



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Mutual funds are financial vehicles (investment funds) that pool contributions from many- or large number of- investors for the purpose of investing ...
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