A mutual fund* is a pool of investments, like stocks and bonds, selected and managed by a professional fund manager. Every fund has objectives that guide how the manager chooses investments. When you invest with mutual funds, you’re buying into a piece of their thoughtful mix.
Mutual funds are recommended when you plan to invest over 5 years. They can protect you from inflation and could provide a higher return than term deposits and savings accounts.
Diversification, being invested in a mix of things, makes mutual funds less volatile. You’ll be better protected if one stock goes down and you don’t need to watch the market for daily changes.
Your mutual funds are managed by professionals who do the research and analysis to pick the right investments for the fund — so you don’t have to.
Just as the price for almost everything increases in the long run, so does the value of the market. You get a piece of that growth when you invest in diversified market-based investments, such as mutual funds. There will be ups and downs in the short run. But in the long run, over 5 or 10 years, the market generally goes up. So, when you’re saving for the long term, it’s never too early to consider investing.
If you invested in the S&P/TSX Composite in 1992, your money would’ve more than doubled 10 years later.
You may know people who've gained and lost through investing. The key to happy investing is matching your goals and risk tolerance with the right investment. Funds and portfolios generally fall into these three categories.
Conservative portfolios, also known as income portfolios, suit investors who want low-risk investments and to preserve capital. More than half of its assets are in low-risk fixed-income investments, such as bonds and term deposits/GICs, or cash. With the rest being typically invested in companies and industries with less volatility.
Our team at Vancity Investment Management manages the IA Clarington Inhance Conservative SRI Portfolio.
Balanced portfolios suit investors who are comfortable with medium risk in exchange for the potential of higher returns. They invest about equally in fixed-income assets and equities in various companies.
Our team at Vancity Investment Management manages the IA Clarington Inhance Balanced SRI Portfolio.
Growth portfolios are mainly invested in equities. They have a higher potential for growth but are also more volatile. When the market is doing well, the returns will be higher than that of other portfolios. However, when the market is declining, it will also endure more losses.
Our team at Vancity Investment Management manages the IA Clarington Inhance Growth SRI Portfolio.
An advisor can help you identify the best investments for you so you can grow your money with less stress. We help create action plans that get you to the financial future you want.
In addition to mutual funds, you can access ETFs, segregated funds, annuities and stocks, trusts and preferred shares listed on North American exchanges.
Our Aviso Wealth advisors tell it to you straight.
How much does it cost to invest in mutual funds?
Fees depends on the fund and is based on things like what geographic regions the investments cover, types of investments, like stocks or bonds, etc. Often, the fee is a percentage of your investment. This is displayed on the fund factsheet of your investment as the MER (management expense ratio).
It's best to speak to a professional to understand what options match your unique financial circumstance.
How do your wealth advisors and planners make money?
Wealth Advisors, Wealth Planner and Wealth Relationship Managers all have different compensation plans, which will be a combination of salary, commission, variable pay and referral fees.
How do I withdraw from a mutual fund?
Contact your wealth professional. You can find their information on your most recent statement.
Qtrade Guided Portfolios is a division of Aviso Financial Inc.
* Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.
ᶲ Online brokerage services are offered through Qtrade Direct Investing, a division of Aviso Financial Inc.
NEI Investments is a registered trademark of Northwest & Ethical Investments L.P. (“NEI LP”). Northwest & Ethical Investments Inc. is the general partner of NEI LP and a wholly-owned subsidiary of Aviso Wealth Inc. (“Aviso”). Aviso is the sole limited partner of the NEI LP. Aviso is a wholly-owned subsidiary of Aviso Wealth LP, which in turn is owned 50% by Desjardins Financial Holding Inc. and 50% by a limited partnership owned by the five Provincial Credit Union Centrals and the CUMIS Group Limited.
