Mutual Funds

What Are Mutual Funds?

Mutual funds are a simplified way of investing using diversification strategies. With a mutual fund, you have the ability to invest in many different stocks, bonds, and other investments. A manager will handle all of the investments to ensure that the mutual fund assets are being traded properly.

Financial advisor advising a coupleWealth Management and Mutual Funds

Relative to other investment strategies, mutual funds are fairly low risk. However, just as with any type of investment, there are varying levels of risk. Some mutual funds are more aggressive in their investment strategy than others. There are many different types of mutual funds, so you can choose the best mutual fund to meet your financial goals.

Managing Your Mutual Fund

The lower risk associated with mutual funds are due to their diversity. When you invest in mutual funds, your capital is automatically being invested in many different areas. This way, even if one investment in your mutual fund does not perform well, the entirety of your fund could still make a profit. Your fund manager should be taking proper care of your mutual fund, but your financial planner should still be monitoring your mutual fund. This way they can advise you on when it is the right time to sell your mutual fund.

Our Certified Financial Planners©

Deciding on the right mutual fund can be a bit complicated. There are so many different types of mutual funds on the market that it is difficult to figure out the right one to choose. Our financial consultants will work with you to discuss your investment planning strategy so they can figure out which mutual funds will meet your needs.

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