Balanced Mutual Fund
A mutual fund is an investment option offered by an investment company that aims to maintain a balance of stocks and bonds. Mutual funds are subject to fluctuations in value and market risk, meaning they may be worth more or less than their original cost when redeemed. Mutual funds can only be purchased through a prospectus. Individuals are encouraged to carefully consider the associated charges, risks, and expenses, as well as their investment objectives, before investing. A prospectus, which contains important information about the investment company, can be obtained from your financial professional. Be sure to read it thoroughly before you invest or send any money.