Mutual funds are popular investments because they offer a cost-effective and efficient way to diversify your investments (or own a variety of securities — stocks, bonds, etc.) without having to make a large initial investment.
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.
Because they are professionally managed and offer diversification with generally a small initial investment, mutual funds can be suitable for most investors. Many investors choose to invest in mutual funds rather than select a wide variety of individual investments.
Stephens Financial Services offers one of the widest arrays of fund families in the industry, and your Financial Advisor has the tools to help you choose the right fund or basket of funds to meet your unique goals. Work closely with your Financial Advisor to develop a mutual fund portfolio that’s suitable for your specific situation.
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.