What is a Mutual Fund?
Mutual funds are a form of investment that you own “units” of along with other people.These funds can be stocks, bonds, or other securities, just the same as individual funds. Mutually, the value of your units will go up or down in accordance with the market. Each mutual fund is controlled by one of our professionals with a clear goal in mind for it.
Mutual funds are usually grouped into types of investments. For example, you could invest in a company’s stock as part of a mutual fund. The major benefit of mutual funds is that they have lower transaction fees than individual funds, making them a more affordable option for many investors. Other benefits of a Royal Financial Group mutual fund are:
- Expert Investment Managers Working for You
- Wider Range of Investment Options
- Ability to Diversify Your Investment Portfolio
Equity
An equity fund is an investment into shares of companies. This gives the investor partial ownership of the company and allows for the potential of capital appreciation during the life of the fund.
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Fixed-Income
These funds invest money into bonds. They have the potential to grow and become a source of regular income for an investor.
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Asset Allocation and Balanced Funds
Asset allocation and balanced funds combine equities, bonds, and other assets into one package.
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Diversified Income Funds
As the name suggests, diversified funds generate income for an investor by being spread across various assets.
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Corporate Class Funds
Tax-efficient corporate class funds are a way to invest any of your non-registered assets.
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