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I am looking at a funds fact sheet. The fact sheet contains the following warning

Past performance is not a reliable indicator of future results. You should consider the PDS before making any investment decision.

In this context, what does PDS stand for? I searched on the net and found some likely candidates; "Product Disclosure Statement" and "Product Data Sheet".

My guess would be that it stands for "Product Disclosure Statement". Is my guess correct or is it something else?

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In the context of Australian funds, this is the Product Disclosure Statement mandated by the Australian Securities & Investments Commission.

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