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Sep 26, 2019 · The mutual fund prospectus may explain why a certain benchmark is the most appropriate comparison. Major risks you are likely to face when investing in a particular mutual fund will be included in the prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. Mutual fund prospectuses View A mutual fund prospectus is a document detailing the investment objectives and strategies of a particular fund or group of funds, as well as the finer points of the fund's past performance, managers and financial information. You can obtain these documents directly from fund companies through the mail, email or phone. Prospectuses and Fund Documents Prospectuses and other fund documents are provided as PDF documents. Some documents are large and may take a few minutes to download.