Big Opportunities in Little Packages
Mutual funds have exploded in popularity, and for good reason. Few financial products offer so much for so little.
What is a Mutual Fund?
Simply put, a mutual fund is a company that owns a collection of stocks, bonds or other investments. Each fund has a professional manager, an investment objective and a plan. When you buy a mutual fund, you buy shares of the company that owns the pool of investments.
A Bunch of Benefits
Some investors buy mutual funds for low–cost diversification. Others like the professional management. Another incentive is liquidity. Or the best reason may be the summary of all those: convenience.
Are Funds Working for You?
Mutual funds can play a role in virtually every investor's portfolio. Even stock traders often rely on funds for a specific purpose — such as getting international stock exposure. RBC Dain Rauscher now has more than 6,000 funds available, so take another look at mutual funds with your Financial Consultant soon.1 In the meantime, read on.
1 Prospectuses containing more complete information including fees and expenses are available. Please read carefully before investing or sending money. |
