Over the last decade, the mutual fund has become one of the most powerful forces in the investment world today. A mutual fund is a pool of money that is invested in a combination of stocks, bonds or money market securities according to a specific investment objective.
The benefits of a mutual fund investment include:
Portfolio diversification: Most funds invest in dozens of securities. So your risk is spread across many securities instead of just a few on your own. Also, many funds invest in different asset categories, creating an added dimension of diversification.
Professional management: Most investors lack the time and expertise to manage their investments on a full-time basis. Experienced mutual fund managers track up-to-date market information to select securities to meet each fund’s objectives.
Daily access: Mutual fund shares can be bought or sold on any day the markets are open, giving you easy access to your assets when you need them. However, mutual funds are considered long-term investments. Consult the prospectus for possible contingent deferred sales charges.
Each mutual fund pursues a specific objective, like capital growth, current income or liquidity, allowing you to select a fund that matches your own investment goals. For example, stock funds aim for long-term capital appreciation, money market instruments offer outstanding liquidity, and tax-free mutual funds seek to provide monthly income free from federal and in some cases, state income taxes1.
You can choose among hundreds of different mutual funds from some of the industry’s best known fund families. To find out more about how mutual funds can help you achieve your financial goals, contact one of our experienced financial consultants today. You will always receive objective, unbiased investment advice based on your goals, risk tolerance and investment preferences. Our knowledgeable financial consultants can evaluate your current portfolio and help you build one that is tailored to suit your financial needs.
Mutual funds are sold by prospectus. The Prospectus contains additional investor information such as investment objectives, risks, charges and expenses. A prospectus is available from a Financial Consultant. Please read carefully before investing or sending money.
1 Consult your tax advisor regarding tax consequences. Income may be subject to federal alternative minimum tax.
Cathay Wealth Management offers a wide range of investment products and services. All securities and insurance products provided by Cathay Wealth Management are offered by, and all Financial Consultants are registered with, CETERA INVESTMENT SERVICES LLC. CETERA INVESTMENT SERVICES LLC is a registered securities broker/dealer and licensed insurance agency and member of the FINRA and SIPC. Advisory services are offered by Cetera Investment Advisers LLC. CETERA INVESTMENT SERVICES LLC and CETERA INVESTMENT ADVISERS LLC are independent entities and not affiliated with Cathay Bank. Cathay Wealth Management is located at Cathay Bank.
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