Mutual Funds

A mutual fund is an investment security that enables investors to pool their money together into one professionally managed investment. Mutual funds can invest in stocks, bonds, cash or a combination of those assets. Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund.

The risks involved in investing in mutual funds are the same as those involved in owning an individual security, including possible loss of principal. However, these risks are generally spread out over a range of securities to help minimize the impact of any one holding having a significant impact on the performance of the fund.

There are a number of factors that should be considered when making a decision to invest in mutual funds. Some of the factors you should take into consideration:

  • How much do you plan to invest?
  • How long do you plan to hold the mutual fund?
  • What are the fund’s annual operating expenses?
  • Is the fund a “load” or “no-load” fund?
  • What is my risk tolerance?

There are many more considerations to take into account. First National Wealth Management can answer your questions and help you develop a proper strategy to help pursue your individual goals.

Call today to schedule an appointment at one of our locations in Iron Mountain, Menominee, Iron River or Marquette.

Contact our department at: 877-879-7780 or use the Quick Message Webform