Mutual funds pool the assets of its shareholders and invest them in many types of stocks, bonds and other securities. They help the small investor share the expense of professional management with other fund investors, as well as gain access to a diversified portfolio.
Mutual funds were held by over 82 million individuals and 48 million households by the end of 1999. There are over 8,000 funds with more than 6.8 trillion dollars. Many people buy them for their competitive returns, others because they are easy to buy and sell, and still others cite the diversity they offer which helps to spread risk.
To find out more about the types of funds and companies that we offer, or to review general information about Mutual funds, request more information today.