| Mutual
Funds Mutual funds pool the money of many
investors who share similar objectives, creating diversified portfolios under professional
management. A mutual fund may invest its shareholders money in stocks, bonds, or
both. Some mutual-fund companies provide families of funds, allowing you to switch your
money from one fund to another as your investment objectives change.
Many funds allow an initial investment as low as
$250-$1,000 and can provide convenient reinvestment of dividends and capital gains. Many
also allow you to take advantage of a proven investment discipline called dollar-cost
averaging--investing the same number of dollars at regular intervals--through convenient
payroll deduction.
We offer an extensive selection of
domestic and international equity, fixed-income, balanced, tax-free and specialty mutual
funds, designed to meet your objectives and risk tolerance. Our universe of funds allows
us to choose from over 5,000 different mutual funds, depending on your needs.
Dollar Cost Averaging does not assure a profit and does not
protect against loss in declining markets. Such a plan involves continuous investment in
securities regardless of fluctuating prices. Investors should consider their
financial ability to continue purchases through periods of low price levels. |