kaal:claim:2811729-011

The go anywhere features of unconstrained mutual funds impede a retail investor's ability to ascertain and understand what the fund is invested in and what risks those investments carry.

Source quote, verbatim

However, these "go anywhere" features may impede a retail investor's ability to ascertain and understand the UMF's investments, and the risks associated with those investments.

From

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016), II. Unconstrained Mutual Funds, p. 13
https://ssrn.com/abstract=2811729 · source PDF

Cite as

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016). SSRN: https://ssrn.com/abstract=2811729

Holds when

retail investors relying on fund disclosures

Classification

failuresupport: arguedfailure: Go anywhere opacityfamily: information-asymmetrydisclosure

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 0877b0a076f2614559cb0b1a736f73401cecbee7cfe014da6e36709208e92a74. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/bf50301f0afc9a2c...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2811729-011.md | sha256sum