Before Betty can purchase a segregated fund, which document must she be provided?

The correct document that must be provided to Betty before she purchases a segregated fund is the prospectus. This document is essential as it contains detailed information regarding the segregated fund, including investment objectives, risks, fees, and other pertinent details that help investors make informed decisions. The prospectus is a critical disclosure document that outlines how the fund operates and the nature of the investments it holds.

While other documents, such as the risk disclosure statement, contract confirmation, and beneficiary designation form, may be part of the overall investment process, they serve different purposes. The risk disclosure statement helps clarify the potential risks associated with the investment, while the contract confirmation serves as a record of the transaction after it has occurred. The beneficiary designation form is related to designating who will receive the benefits upon the investor's passing and does not relate to the initial purchase decision.

Therefore, the prospectus is crucial for ensuring that Betty understands what she is investing in before she makes her purchase.