Mutual Funds Building wealth through diversification.

A mutual fund is a pool of money contributed by people with similar investment objectives. By investing in mutual funds, investors can access the kind of diversification and professional investment management that is normally only available to institutional investors and wealthy individuals.

Casera provides access to a wide range of mutual funds through Credential Asset Management Inc. This company is part of Credential Financial Inc., the national wealth management provider founded by the Canadian credit union system.

Professional managers select the fund’s securities and depending on the fund’s investment objectives, will invest in bonds, equities, cash, derivatives or other securities, or any combination of these. The value of the investments a mutual fund owns will vary from day to day, reflecting changes in interest rates, economic conditions, and market and company news. The value of a mutual fund’s units may go up and down, and the value of your investment in a mutual fund may be more or less when you redeem it than when you purchased it.

Investors in a fund share the income, expenses and any gains and losses the fund makes on its investments in proportion to the units they own. The value of an investment in a mutual fund is realized by redeeming the units held.

Benefits Features
Diversity Mutual funds are portfolios of different securities, including bonds, equities and derivatives. When you diversify your holdings, you spread your money around and reduce your overall risk.
Accessibility By investing in mutual funds, average investors can gain access to the variety of diversification and professional management that is usually available only to wealthy and institutional investors.  
Liquidity Most mutual funds can be purchased or cashed in on reasonably short notice with limited or no penalties.
Professional management With mutual funds your money is managed by professional investment managers who have the expertise and wealth of resources at their disposal. The Portfolio Managers are responsible for conducting the research and making the investment decisions of the fund.

Fees
Contact an Investment Specialist at your neighbourhood branch.

Other fees may occur. View Casera’s service fees.

Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. ®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.
 

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