At MAS Group, an account manager will help you determine the most appropriate mutual fund based on your specific financial planning needs and goals.
Put simply, a mutual fund is a collection of stocks and/or bonds that are maintained by a professional account manager. The main benefit of purchasing a mutual fund is diversification and professional management. Unlike purchasing a specific stock or bond, a mutual fund allows the investor to spread their risk amongst many stocks and/or bonds, thus, lessening the overall volatility. There are many different options when it comes to mutual funds, so it’s best to choose according to your risk tolerance, as follows:
If you are searching for income safety and security, a conservative or moderate mutual fund is the best choice for you. With less risk, may come less return; however, safer mutual fund choices for conservative or moderate risk investors include money market funds (which include government treasury bills) or bond/income funds (which invest in government or corporate debt).
If you are a more aggressive investor and are more adaptable to risk-taking, you may be interested in a mutual fund that invests in equity or stocks. Although more volatile than money market funds, these types of funds may see higher rewards over the long-term.
Need help with determining an appropriate mutual fund? Contact MAS Group, a Manhattan, Queens, Brooklyn, Staten Island, Upstate New York, and Long Island mutual funds management firm, to speak with one of our highly skilled financial professionals. Get started today with a FREE consultation: 631-389-2301
* Investing in mutual funds involves certain risks including loss of principal due to a decline in market value of the fund. Mutual funds are sold via prospectus only; please contact your financial professional for a prospectus. Investors should consider the fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other important information about the fund. We recommend that you read the prospectuses carefully before investing.