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Mutual Funds
The professional way to develop a balanced portfolio of stocks
Mutual funds from Extraco give individuals a way to invest in the stock market under the guidance of professional money managers.
Mutual funds are collections of individual stocks that are chosen to suit the investment goals of the fund manager and its investors. There are thousands of mutual funds, all of which have a clearly defined investment strategy and guidelines for how the objective is to be achieved. There are funds for investors interested in small or large companies, technology companies, health services, foreign companies, utilities, environmentally sensitive companies and many others.
What attracts most people to mutual funds is the idea that they are professionally managed. That doesn't come without cost or concern. Before investing in any mutual fund, individuals should look carefully at the fund's management team, historical performance and fees and charges.
Most mutual funds require an initial investment of $1,000 or more.
For more information, contact an Extraco Relationship Manager by e-mail, or call 866-EXTRACO toll-free.
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