Is it illegal to write the expected rate of return in the fund contract? Regulatory clear: calculate!

category:Finance
 Is it illegal to write the expected rate of return in the fund contract? Regulatory clear: calculate!


So how does the fund contract promise?

The fund contract and prospectus of the above-mentioned fund state: the fund manager will invest all his own assets and the vast majority of dividends in the future into the fund, strive for the expected annual compound yield of 3-5 years to reach 15% - 25%, and strive for the expected annual compound yield of more than 15% in the next 60 years..