Where can detailed information about a mutual fund be found?

The prospectus is the primary document that provides detailed information about a mutual fund. It includes crucial elements such as the fund’s investment objectives, strategies, risks, and historical performance. Additionally, the prospectus outlines fees and expenses associated with buying and holding the mutual fund, as well as information about the fund's management and any changes to its policies. This document is legally required to be provided to potential investors and serves as a comprehensive source for understanding the specifics of a given mutual fund.

While the other documents mentioned can provide useful insights, they do not typically encompass the same level of detail contained in the prospectus. For example, the annual report might provide a summary of the fund's performance over the year but lacks the detailed information about investment strategies or upcoming changes the prospectus includes. The expense ratio document focuses on the costs associated with investing in the fund, and the fund summary sheet offers a brief overview that may not include essential details necessary for making a fully informed investment decision. Hence, the prospectus is the best source for comprehensive knowledge about a mutual fund.