Mutual Funds

Mutual Funds are so-called because they pool the money of many investors who share mutual objectives, creating diversified fund portfolios of different stocks, bonds, or both. Each fund contains groups of individual stocks or bonds, and is valued by a “price” that can vary, much like stocks. Of course, because each fund is diversified, the fund prices generally aren’t as volatile as individual stocks, and your risk is less than in an individual stock.

Our job is to recommend funds based on your goals. Each fund is managed by the fund company’s fund managers (who are investment professionals), and each investor is called a shareholder. There are mutual funds of many different kinds, from those that track specific stock indexes (like the Dow Jones) to funds that invest only in socially responsible companies. Some companies provide “families” of funds of different types from which to choose, making it easier for you to move your money from one fund to another as your investment objectives change.

We continually monitor funds for:

• Performance
• Cost
• Adherence to Style
• Management Turnover

We’ll work with you to determine your investment objectives, and use our extensive research to sift through the thousands of mutual funds available and identify those that match your objectives. 

Note: Mutual funds' share prices fluctuate with economic and market conditions. Carefully consider the mutual fund's investment objective, risks, charges, and expenses prior to investing in the mutual fund. Refer to the mutual fund's prospectus for further information. Mutual Funds are not bank deposits, and therefore are not FDIC insured.