Mutual Funds

Mutual funds are pools of money invested by professional managers on behalf of investors. They offer a cost effective, liquid, and convenient way to be an owner of diverse investments.

How do mutual funds work?

Each mutual fund has an investment objective that is stated in its prospectus. It is important to understand this objective before investing in a mutual fund; it will help you understand the types of investments it will hold, and the volatility you can expect. A mutual fund may invest in many kinds of assets including bonds, treasury bills, equities, mortgages, or a combination of these. Each kind of investment holding is subject to market forces, including general economic conditions, interest rates, currency exchange rates and general stock market conditions, to a various extent.

Why choose mutual funds?

Professional Management – You don’t have to be an expert. Full-time investment professionals manage the fund on your behalf.

FlexibilityYour investment goals can change over time. There are a variety of mutual funds and you have the flexibility to change your investments if your objectives change. You can transfer part or all of your investment from one fund to another.

Diversification – Because each fund contains a variety of investments, you can diversify your portfolio across a range of securities, asset classes and/or geographic regions. This allows you to reduce your risk while increasing your potential for return.

Choice –You determine your own needs and risk tolerance and then choose a mutual fund that fits with your financial goals.

Affordability – You can invest a little or a lot. Funds are available for both the investor with $500 and the investor with $1,000,000.

Liquidity – You can buy and sell your mutual funds easily and conveniently. In most cases, you can cash in your funds and receive the current cash value of your investment in just a few business days.

*Mutual funds and financial planning are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. ®Credential is a registered mark owned by Aviso Wealth Inc. and is used under license.

For a clearer understanding of how mutual funds work contact one of our certified LCU Financial associates.


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