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11 What is a "statement of additional information"?

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This article is from the FAQ, by with numerous contributions by others.

11 What is a "statement of additional information"?

It is a document that is designed to be read along with the
prospectus; however, it is not required to be given to investors
before or after they invest (i.e. investors have to ask for it).
It contains information such as brokerage selection, description
of the fund's investment adviser, etc.

 

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previous page: 10 What is a "prospectus"?page up: Mutual Funds FAQnext page: 12 What is a "signature guarantee"?