a type of mutual fund advertisement that is allowed by the SEC to count as a prospectus, provided that it meets certain requirements. This flexibility is given to mutual funds because they continually issue new shares, and thus their requirement to distribute prospectuses never expires.
Series 26: Omitting Prospectus
Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam
Definition of the term Omitting Prospectus...
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