Summary of Mutual Fund Prospectuses

The prospectus is the most important document available on any mutual fund. You can obtain a prospectus from several sources:

• Brokers. The prospectuses they have available are usually for funds they offer their customers.
• The company. You can get one through the mail by writing to the fund or by calling the fund. Many have toll-free numbers.
• The Internet. Many funds post their prospectuses on their Websites.

The mutual fund prospectus is the only official "sales" literature permitted by law for mutual funds. It contains all the information an investor needs in order to determine the fund's goals, management, performance, costs and expenses, and style. An investor can use that information along with his or her own goals and risk tolerance to determine whether or not to invest in a fund. Investors should read the prospectus carefully before investing and periodically whenever the fund issues a new prospectus.