A prospectus is a disclosure document describing the investment objectives and operating policies of a mutual fund. The document is designed to provide you with the information you need to make an informed decision about investing in a mutual fund (e.g., the background of fund managers and key financial data such as expenses and fund assets).
You’ll receive the closing share price calculated on the date your rebalance request is processed. For example, if your request is submitted on a business day before 4 p.m. Eastern time, you’ll receive that day's closing share price. If you submit your request after 4 p.m. Eastern time, it will be processed on the next business day and you’ll receive that day's closing share price.
If you sell shares for more than you originally paid, you may owe capital gains tax. If you sell shares for less than you originally paid, you may have to report a capital loss on your taxes. Before rebalancing, you may want to discuss the tax implications with your tax or financial professional.