A mutual fund is a company that allows a group of investors to pool their money with a predetermined investment goal. The mutual fund invests the pooled money into specific securities. Each fund has a professional fund manager who is responsible for the fund’s investments.
By pooling money in a mutual fund, investors can buy stocks or bonds with lower trading costs than if they tried to do it on their own. One of the biggest advantages to mutual funds is diversification of your investment across many different types of investments, which reduces your risk.
Mutual funds are offered with a prospectus. Investors should consider the investment objectives, risks and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. You can obtain a prospectus from your financial representative. Read the prospectus carefully before investing.
Call 808-356-5199 to speak with one of our financial consultants to learn more about mutual funds.
The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of Hawaii.
|NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE | NOT A DEPOSIT
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Territorial Savings Bank and Investment Services at Territorial Savings Bank are not registered broker/dealers and are not affiliated with LPL Financial.