Statement of Additional Information - SAI

AAA

DEFINITION of 'Statement of Additional Information - SAI'

A supplementary document to a mutual fund's prospectus that contains additional information about the fund and includes further disclosure regarding its operations. Also, known as "Part B" of the fund's registration statement.

INVESTOPEDIA EXPLAINS 'Statement of Additional Information - SAI'

Information contained in the SAI conveys information about a mutual fund that is not necessarily needed by an investor to make an informed investment decision since the prospectus usually provides all of the information needed, in abbreviated form. However, some investors find the SAI useful and although fund companies are not required to provide it, they must give it to investors upon request and without charge.

RELATED TERMS
  1. Continuation Statement

    An amendment that is attached to a borrower's financing statement ...
  2. Closed-End Fund

    A closed-end fund is a publicly traded investment company that ...
  3. Open-End Fund

    A type of mutual fund that does not have restrictions on the ...
  4. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  5. Prospectus

    A formal legal document, which is required by and filed with ...
  6. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence ...
Related Articles
  1. 4 Strategies For Managing A Portfolio ...
    Mutual Funds & ETFs

    4 Strategies For Managing A Portfolio ...

  2. Closing Mutual Funds: Investment Protection ...
    Mutual Funds & ETFs

    Closing Mutual Funds: Investment Protection ...

  3. Do ETFs have a board of directors?
    Investing

    Do ETFs have a board of directors?

  4. Published Mutual Fund Returns Not Always ...
    Mutual Funds & ETFs

    Published Mutual Fund Returns Not Always ...

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center