Mutual Funds are professionally managed portfolios that bring together money from several investors to purchase stocks, bonds, and other securities. Investors are charged certain fees, like an annual fee, sales commission, or a percentage of assets being managed.

Mutual funds are divided into different categories based on the types of companies and securities in which they invest and investment goals. You can earn income off of dividends, interest earned, capital gains, or when a fund share increases in price, depending on the type of mutual fund you invest in.

Investing in Mutual Funds can help you diversify your investments and take advantage of having a savvy professional money manager, and we’ll help you understand the differences between them to make the right choice for your portfolio.