Mutual Funds
The Popularity of Mutual Funds
Mutual funds are popular investments because they offer a cost-effective and efficient way to diversify your investments (or own shares in a variety of investments -- stocks, bonds, etc.) without having to invest a lot of money at one time.
The basics about investing in mutual funds
When to consider investing in mutual funds
Investing in mutual funds through Wachovia Securities
What you need to know before investing in mutual funds
When you purchase shares of a mutual fund, you're pooling your money with other investors and letting the mutual fund (which is simply a professional money management company) invest and manage the money to help meet the fund's specified investment goal (e.g., growth, income or a combination of the two). This lets you quickly build a diversified portfolio with a low minimum investment.
Note: There is no guarantee that the mutual fund will meet its objectives.
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Because they are professionally managed and offer diversification with a small initial investment ($250 for most funds), mutual funds are suitable for most investors. In fact, because of their simplistic nature, many investors choose to invest in mutual funds rather than select a wide variety of individual investments.
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Wachovia Securities offers one of the widest arrays of fund families in the industry, and Wachovia Securities Financial Advisors have the tools that can help you sort through the imposing task of finding the ones that may help you meet your unique goals. Work closely with a Financial Advisor to develop a mutual fund portfolio that's suitable for your specific situation.
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You should carefully consider the investment objectives, risks, charges and expenses of a mutual fund company before investing in one or more of its mutual funds. Your Financial Advisor can provide you with prospectuses containing this and other important information about the mutual funds you are considering. Please read the prospectuses carefully before investing in mutual funds or sending money.
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