Mutual Funds

A mutual fund is a collection of different stocks, bonds or other securities that allows a group of investors to pool their money together. Every mutual fund has a predetermined investment objective and is managed by a professional advisor whom is responsible for managing the assets of the fund. Investors buy shares of the mutual fund and not specific securities.

There are several advantages to investing in mutual funds:

Diversification
Mutual funds permit investors to be invested in multiple securities rather than just one. An investor can diversify by investing in a stock, a bond, or a money market fund. Diversification can be made by investing in numerous mutual funds with diverse investment objectives (i.e. large-cap companies, small-cap companies, international companies, corporate bonds, or treasury securities). Diversification does not ensure against loss.

Professional Management
Mutual funds allow investors to utilize the extensive knowledge of professional advisors to manage their assets.

Convenience
Mutual funds offer numerous services that make investing easy. Some of these services include: investors receive detailed reports on a regularly basis, investors are able to reinvest their income dividends and capital gains automatically, investors are able to make minimal initial contributions, investors can exchange shares from one fund to another fund within the same fund family, investors have multiple class of shares to choose from, and investors are able to liquidate assets on any business day.

Your investment return and principal value will fluctuate. Your shares may be worth more or less than the original investment when redeemed.

Mutual funds are offered and sold by a prospectus. The prospectus contains more complete information. Please obtain a prospectus and read prior to investing.

We are here to assist you in the investment process.