Thinking about investing in mutual funds?Mutual Funds can be an effective way to save for important goals like retirement or your child’s education. They offer easy access to the investment world and are managed by a team of professionals.
- Accessibility to your funds, as you can contribute to or withdraw from a mutual fund at almost any time you need or want.
- Peace of mind, giving you the ability to invest in a variety of investments without necessarily taking on all the risks if purchased on its own.
What is a Mutual Fund?
A mutual fund is a type of investment fund. An investment fund is a collection of investments, such as stocks, bonds or other funds. Unlike most other types of investment funds, mutual funds are “open-ended,” which means as more people invest, the fund issues new units or shares.
Each mutual fund has its particular strategy and goal. When you meet with an advisor at SASCU Wealth, we will help you determine your goals and objectives, and then work with you to choose a fund that will help you achieve that goal.