Mutual funds have increased in popularity over the past two decades. In fact, at least 80 million people have invested in mutual funds, and this amounts to investments worth trillions of dollars.

What makes them so popular?

Mutual funds are really professional management of your money. They are popular because they allow individual investors to invest in different securities and have a qualified fund manager make the decisions about what they should buy and sell. Doing this can add value to the portfolio while lowering the risks of investing yourself. It also can cost much less than if you buy and sell stocks or bonds by yourself.

Getting into mutual funds has other technicalities that you should be familiar with, so it’s wise that you consult with a financial expert before you make a final decision.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.