What is a prospectus

Stock exchange lexicon

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Explanation

Sales prospectus

1. The prospectus for investors must contain the information that is important for assessing the fund. This includes information about costs, duration, investment principles and strategy. The sales prospectus must be given to investors when purchasing fund units.
2. Since 1991, every issuer has been obliged to prepare a sales prospectus the first time they offer securities to the public. The structure of the prospectus corresponds to the listing prospectus, but with fewer requirements.

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