Mutual Funds

What is a mutual fund?

A mutual fund is an investment vehicle
made up of a large portfolio of stocks, bonds,
or other securities (often in excess of 100). Funds can either be managed with a professional fund manager (at a higher expense) or indexed – that is, constructed to mirror the ups and downs of an index, like the S&P 500 or the U.S. bond market – generally with lower fees.

How can mutual funds
fit into your plan?

Because most mutual funds hold well over 100 securities, they can help diversify your portfolio. While they are a common investment vehicle for retirement plans, mutual funds can be a good tool for non-retirement goals as well. Our advisors can help you identify the right selection of mutual funds for your portfolio.

Who are mutual funds for?

Mutual funds can be a good, cost-effective way for many people to invest. Mutual funds commonly require low minimum investments, often between $1,000–$3,000.

Related: Important Mutual Fund Disclosures