One of the most helpful tools for investors is a prospectus. In the U.S., every mutual fund and exchange-traded fund (ETF) is required by the Securities and Exchange Commission (SEC) to provide a prospectus, which is a legal disclosure document that explains how a fund operates. A prospectus helps promote transparency and informed investing decisions. Investors can use it to understand how a fund works and whether it fits their goals and risk tolerance. This class will walk students through various sections of a fund prospectus including investment objective, fees and expense ratio, risks, tax implications, and past performance history. It will also discuss key fund screening factors and using the Rule of Three to make an investment selection.