Series 24: 3.8.5.8. Fund Name Rule

Taken from our Series 24 Online Guide

3.8.5.8.  Fund Name Rule

If an investment company has a name that implies that it focuses on a particular kind of investment, the fund must have at least 80% of the assets in that kind of investment. For example, the Admiral Bond Fund must have no less than 80% of its assets in bonds.

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