Fund Facts and ETF Facts

Fund Facts is a document that fund managers must create for each mutual fund that they sell. Each Fund Facts is in plain language, and no more than two pages double-sided. Fund Facts highlights key information for investors, including past performance, risks, and the costs of investing in the mutual fund.

Your mutual fund dealer must deliver Fund Facts to you before you buy a mutual fund.

A similar plain-language document named ETF Facts will become available for each exchange-traded fund (ETF) starting in the months ahead, with every firm expected to have it available by November 12, 2018. Firms will be required to deliver ETF Facts to a client within two days of a purchase.

Learn more about Fund Facts, and for help understanding what each section means.