Prospectus and Statement of Additional Information of the Fund Clause Samples
The 'Prospectus and Statement of Additional Information of the Fund' clause requires that the fund provide investors with key documents outlining essential information about the fund’s objectives, strategies, risks, and operations. Typically, the prospectus offers a summary of the fund’s main features, while the Statement of Additional Information (SAI) contains more detailed disclosures, such as financial statements, management details, and investment policies. This clause ensures that investors have access to comprehensive and transparent information, enabling them to make informed investment decisions and understand the fund’s structure and risks.
Prospectus and Statement of Additional Information of the Fund. The Manager shall authorize and permit any of its officers and employees who may be elected as Directors or officers of the Fund to serve in the capacities in which they are elected. All services to be furnished by the Manager under this Agreement may be furnished through the medium of any such officers or employees of the Manager.