Question

Define Prospectus. Explain the difference between Abridged Prospectus and Regular Prospectus.

Answer 1

A prospectus, in finance, is a disclosure document that describes a financial security for potential buyers. ... In the context of an individual securities offering, such as an initial public offering, a prospectus is distributed by underwriters or brokerages to potential investors.

It is important for investors to examine all information contained within an investment company's prospectus. ... Included in a fund's prospectus is a statement of the objectives, or goals, a fund seeks to attain