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STATEMENT OF ADDITIONAL INFORMATION INVESTMENT COMPANY ACT FILE NO. 81123108 AMPLIFY ETF TRUST FUND NAMETICKER SYMBOLEXCHANGEAMPLIFY MOBILE PAYMENTS ETFIPAYNYSE Gradated JANUARY 26, 2024, This Statement
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What is statement of additional information?
A statement of additional information (SAI) is a document that provides supplementary details about a mutual fund or investment company, which is not included in the primary prospectus. It includes additional disclosures and information regarding the company’s policies, services, and the rights of shareholders.
Who is required to file statement of additional information?
Investment companies that are registered under the Investment Company Act of 1940 are required to file a statement of additional information as part of their regulatory obligations.
How to fill out statement of additional information?
Filling out a statement of additional information involves providing detailed information about the fund's finances, management, investment policies, and other relevant data as required by the Securities and Exchange Commission (SEC), ensuring compliance with regulatory standards.
What is the purpose of statement of additional information?
The purpose of a statement of additional information is to offer potential and current investors more in-depth information about a fund's operations, policies, and financials, thereby enhancing transparency and aiding in informed investment decisions.
What information must be reported on statement of additional information?
The statement of additional information must report details such as the fund's investment objectives, strategies, risk factors, fees and expenses, and information about the fund's management and performance.
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