Personal Retirement & Savings:
Mutual Funds are an affordable alternative to buying and selling stocks and bonds. Essentially, a Mutual Fund is a large pool of money invested in by experts in the form of stocks, bonds, or other securities, all with the goal of growing the value of the overall pool. This allows individual investors to invest in a large variety of companies and markets not only in Canada, but also around the world. When you invest in a Mutual Fund, you’re purchasing units in a professionally managed portfolio of securities, and each unit represents a share of ownership in the portfolio.
to suit your financial plan. Mutual Funds can be held on their own as a non-registered investment or within a registered plan such as a RRSP, RRIF, RESP, or TFSA, as well as in some pension plans.
Why should I invest in a Mutual Fund?
Mutual Funds are ideal for longer term investing (such as saving for a house or car), but can also be used for shorter term investing as well. Their value fluctuates with the values of the securities they hold and returns are not guaranteed. Over the long term, individuals typically see a higher return than from guaranteed investments, but shorter term fluctuations can be quite dramatic.
Mutual Funds also provide:
- Access to markets
- Professional management
Mutual Funds: offered by Sun Life Financial Investment Services (Canada) Inc.