Multiple choice

The offer document issued by mutual funds does not serve the purpose of

  1. announcing the launch of the scheme

  2. giving detailed information about the scheme

  3. explaining the risk factors of the scheme

  4. giving the fund manager's investment outlook for the next quarter

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The offer document is a statutory disclosure document that provides scheme details and risk factors. The fund manager's short-term investment outlook is not included as it would be speculative and could mislead investors - the document focuses on facts, not forward-looking views.