Mutual Funds
At MAS Group, an account manager can 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:
- Conservative to Moderate
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).
- Aggressive
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
Mutual Funds are sold by prospectus. Please read it and consider carefully a Fund's objectives, risks, charges and expenses before you invest. The prospectus contains this and other information about the investment company.