Understanding Mutual Funds
Few investors understand or have the time to read the mutual fund prospectuses they receive in the mail. To make matters easier the Securities and Exchange Commission has recently put in place new regulations that require fund companies to provide investors with a “summary prospectus” for each fund.
In plain English and without the complicated language that often characterizes mutual fund prospectuses each summary is now required to list the fund’s costs, investment objectives, strategies, risks and performance and might either appear at the beginning of a full prospectus or be sent instead of it.
Few investors have the time to read and accurately evaluate long financial documents and charts and this is where Strategic Investment Advisors can help. We prepare written financial information that is clear and easy to read and work with you to help distill the information and compare your options.
We take the time to discuss your objectives, timeline for needing funds and your personal tolerance for risk before recommending an investment plan. Most importantly, we adjust the plan from time to time as your lifestyle changes and you move closer to retirement. We appreciate the opportunity to help discuss your needs. Call today and schedule a consultation. |
