Flexibility, Variety and Professional Management to Help You Meet Your Investment Goals
Carolinas Telco Capital Advisors and CUNA Brokerage Services, Inc. are providing you with the means for investing in a wide variety of mutual funds. Through MEMBERS Financial Services, you have access to the mutual funds appropriately matched to your investment goals and objectives. You also have access to professional help for your overall financial management planning.
What Is a Mutual Fund?
A mutual fund is an investment company whose sole purpose is to invest and manage money for its shareholders. Assets from a large number of people are pooled together and invested, according to a shared or "mutual" investment objective, by a professional money manager.
Mutual Fund Investments Offer:
Three Fund Examples
There is an increasing range of mutual fund choices. Here are examples of three popular types:
1. Stock Funds (or Growth Funds)Stock funds seek to increase in value primarily through appreciation in the prices of the stocks held. Historically, stocks have outperformed every other type of investment, and they have outpaced inflation. However, they do carry a higher level of risk than other investments. That’s because in the short term, their value can rise and fall dramatically with changes in the economy and the financial marketplace.
2. Bond Funds (or Income Funds)Bond funds generally seek to generate a high level of current income by investing in corporate and government debt securities. Investors purchase bond funds looking to supplement their income or looking to diversify their investment portfolio. They can be a more conservative investment, but are subject to the risk of interest rates changing and bond issuers going into default.
3. Money Market Funds (or Stable Value Funds)Money market funds seek to provide stability of principal and a reasonably steady stream of interest income. These investments are considered the most conservative and least volatile. However, they also tend to provide the lowest rates of return. A risk is that inflation will erode the value of your investment over time.
A Wide Range of Funds Available
When you invest in mutual funds, it’s important to consider your objectives and risk tolerance. You should select funds that will meet your investment goals and risk preference, while offering the potential for higher returns.
There is a wide range of funds for you to choose from available through CUNA Brokerage Services, Inc.
Mutual Funds are offered by prospectus only. Prospectuses contain more complete information on management fees, charges, and other expenses and should be read carefully before investing or sending money.
Contact Us For More Information
For more information, contact Joe Jaspers, CFP®*, the Carolinas Telco Capital Advisors Representative serving Carolinas Telco Federal Credit Union for a no cost, no obligation consultation. We have the tools and experience to help you design and implement the plan that is right for you. Contact us at our Financial Services Center located at the Sharon Road West Branch:
Form Number: FR-1664668.1-1216-0119
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