Which statement about UITF marketing materials is true?

The understanding of marketing materials for Unit Investment Trust Funds (UITFs) often involves assessing claims about performance. The correct choice indicates that at least one of the statements about performance is false. In the context of UITF marketing, it’s important to recognize that performance claims can be complex and may not accurately reflect current market conditions or the full historical performance due to various regulatory and market factors.

Typically, marketing materials must provide a balanced view of performance, which includes past results and may not always represent future performance. Therefore, making definitive statements about performance can be misleading, as laid out by regulations that require a fair representation of risk and historical performance.

The other options may suggest the correctness of statements that may lack transparency or fail to encapsulate the nuanced realities of UITF performance. Marketing materials often reference historical performance to give potential investors a sense of what to expect, making it improbable that they would exclude this information entirely. Similarly, statements based on current market conditions can fluctuate and are subject to interpretation, meaning not every performance-related statement could be categorically true. Thus, the nature of performance illustrations typically introduces uncertainty and variability that makes option B the most accurate.