Mutual Funds

A mutual fund is a pool of investments that are owned by many people and managed by professional portfolio managers. Investors buy shares or units of the fund and can redeem them at any time. Professional fund managers invest the money from the purchase of units in a variety of assets as described by the mutual fund prospectus.

Because the return on mutual funds is not guaranteed it is critical that you fully understand your level of risk tolerance and objectives before investing.

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