- Growth Mutual Funds
- Pools of diversified securities, professionally managed by investment companies, with the primary objective of long-term capital appreciation. Each fund’s manager seeks to achieve its stated objective by employing a certain investment strategy or discipline. This results in funds classified under the broad objective of “growth”, having particular potential return and risk characteristics.
Some of the sub-classes of Growth Funds are:- Growth, Value or Blend
- Small-, Mid-, or Large-Cap1
- Domestic, Global or Foreign2
- Diversified or Sector3
- Pools of diversified securities, professionally managed by investment companies, with the primary objective of long-term capital appreciation. Each fund’s manager seeks to achieve its stated objective by employing a certain investment strategy or discipline. This results in funds classified under the broad objective of “growth”, having particular potential return and risk characteristics.
Investment products and concepts to help you reach your goals.
Reaching long-term goals, such as:
requires putting money to work as hard as it can by utilizing financial instruments with a potential for appreciation, Typically that means forgoing liquidity and stability in favor of the prospect of capital growth. Accomplishing your major long-term goals almost always requires an installment plan approach - making periodic and systematic investment payments4 over an extended period of years.
The ultimate value of your nest egg will depend upon:
Reaching long-term goals, such as:
- Retirement
- Financial independence,
requires putting money to work as hard as it can by utilizing financial instruments with a potential for appreciation, Typically that means forgoing liquidity and stability in favor of the prospect of capital growth. Accomplishing your major long-term goals almost always requires an installment plan approach - making periodic and systematic investment payments4 over an extended period of years.
The ultimate value of your nest egg will depend upon:
- The amount you able to set aside periodically;
- The rate of return generated by the investment vehicles you’ve chosen5;
- Taxes on your investment earnings; and
- The effects of inflation.
All investors are advised to carefully consider the investment objectives, risks and charges and expenses of an investment company before investing. The prospectus contains this and other information about the investment company. A prospectus is available free of charge from a registered representative. Investors should read the prospectus carefully before investing.
The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
1There is the possibility of greater risk by investing with companies with small — or mid-sized market capitalizations rather than larger, more established issuers, owing to such factors as more limited product lines, markets, financial resources or lack of management depth.
2Global or foreign investing include currency risk due to fluctuations in exchange rates, as well as additional economic and political risks inherent to foreign country investing.
3Investing in a single-sector fund involves greater risk and potential reward than investing in a more diversified fund.
4Periodic investing by dollar cost averaging does not assure a profit and does not protect against loss in declining markets. Since such a plan involved continuous investment in securities regardless of fluctuating price levels of such securities, the investor should consider his or her financial ability to continue making purchases through periods of low price levels.
5Past performance is no guarantee of future results.