This popular form of investment pools funds to invest in different types of securities, with over 3,000 mutual funds available in Canada.
Mutual funds offer a number of benefits to you, whether you're an experienced or first-time investor. There are many different types of mutual funds, and we can help you choose the funds that will best meet your investment needs.
These investments are professionally managed and researched, and offer a number of key benefits, like diversification, which can help reduce the risk of losses if the market falls.
And because you're investing in a pool with other investors, it's relatively easy to participate. A great thing about mutual funds is that you don't need to be rich to invest in them. Most fund companies accept initial investments of $500 to $1,000 and allow regular purchases of $25 or less.
They're very flexible. You can conveniently switch between funds offered by a fund company. This means you can change your investment to suit a change in market conditions or a change in your financial objectives. If you want you can usually switch holdings quickly from one fund to another, for example, from a money market fund to an equity fund.
You can also redeem units or shares in mutual funds on demand. So if you have a financial emergency and need cash, you can redeem part or all of your mutual fund investment and get the money within three business days.
We offer these products through Worldsource Financial Management Inc.