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M E M O R A N D U M TO:All Recipients of CAR Accounting and Statistical NoticesFROM:Carol A. WillisBusiness AnalystDATE:February 02, 1999RE:CAR Accounting Statistical No. 305On January 28, 1999, Accounting
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M E M O stands for money market mutual funds. It is a document that provides detailed information about the fund.
Fund managers are required to file M E M O with regulatory authorities.
M E M O is filled out by providing information about the fund's investment objectives, strategies, risks, and performance.
The purpose of M E M O is to provide transparency and help investors make informed decisions.
Information such as fund performance, fees, investment strategy, risks, and objectives must be reported on M E M O.
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