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What is a mutual fund?

Large pools of money - A mutual fund pools investors' money and invests that money to pursue the investment objectives stated in the fund's prospectus. Every dollar in the mutual fund receives equal treatment, whether it belongs to a small investor or a big corporation.

Full-time professional management - You can be confident that your money is in the hands of experts who make day-to-day investment decisions for you, based on extensive investment research and sophisticated technology.

Built-in diversification - You're never in danger of "putting all your eggs in one basket" with a mutual fund. A typical mutual fund holds many individual securities, which can help spread your risk and reduce the effects of market ups and downs on returns.

    RELATED TOPICS

What is a mutual fund?

Three types of funds

Allocating your assets

Bond investing

Value and growth

Glossary

Real estate market

Dollar cost averaging

Benefits of a financial advisor

Benefits of mutual funds

Understanding market caps

Interest rates

130/30 strategy

Core-satellite strategies





For more complete information, including a prospectus, please contact your financial advisor. You may also view a current prospectus online, order literature through our site, or contact an Investor Service Representative at 800-225-5478. Investors should consider a fund's objective, risks and expenses carefully before investing. This information, and other information, can be found in the fund's prospectus. Please read the prospectus carefully before investing. Other expenses, including sales charges, apply to a continued investment in the fund and are described in the fund's current prospectus.

The mutual funds referred to in this website are offered and sold only to persons who are eligible to purchase U.S. registered investment funds and are offered by prospectus only.




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