Mutual funds are popular with investors because they’re simple to understand and easy to invest in. Every mutual fund has professional fund managers that do the heavy lifting by researching the market to determine how to invest your money, that way you don’t have to. What’s really in mutual fund costs?
Mutual funds also allow you to diversify by asset class and investment style.
This can help you manage risk and provide the potential for above-average returns.
In order to provide you with these benefits, there are some costs associated with investing in mutual funds.
Here’s a breakdown of the costs of investing in mutual funds:
To learn more about the costs of investing and the value you get in return, just contact our helpful Investment Team.
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Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.