With a mutual fund, your money is combined with money from other shareholders and invested by professional money managers employed by the fund. Mutual funds provide investors with a number of benefits, including: You can choose to invest for growth, income, or a combination of the two. Mutual funds invest in a variety of securities, providing diversification and reducing your risk. Money managers with valuable experience and vast resources will closely study the market in order to make qualified decisions on your behalf. You can start your mutual fund investment with as little as $1,000.
If you are willing to accept fluctuations in value and investment returns, you might earn money in three ways: Capital appreciation - the share price of your fund increases if the securities in the fund's market portfolio increase in value. Capital gains are made if your fund sells securities for a profit. You earn a share of the interest or dividends earned by the fund, if any.
Past performance is not indicative of future results. Mutual funds are offered by prospectus, which contains important information about fees and expenses. You may obtain a prospectus from your investment representative. Always read prospectuses before you invest. Mutual funds are subject to fluctuations in value and possible loss of principal invested. To find out what we can do for you if you are a resident of Maryland, Pennsylvania or Virginia, call us at 410-277-2010 or 1-800-773-6559. |
