Mutual Funds

Mutual funds are another avenue for investing for retirement. A mutual fund is an investment portfolio that allows investors to pool their money together and purchase shares of a collection of stocks, bonds, and other securities. They are a popular financial vehicle among investors because of the low dollar amount required for initial investment, the diversity of the investments, and the ability to liquidate and redeem your shares at any time.

There is also the added benefit of the mutual fund being managed by a professional.

Professional Management of Mutual Funds

Instead of requiring your attention 24/7, mutual funds benefit from a professional portfolio manager who reviews the investments on an ongoing basis. Your mutual fund is only as good as the administrator managing it, and that means finding a team of analysts with the skill and experience to identify which securities to buy and sell. Their goal should be to seek out investment opportunities that will help the fund outperform its benchmark.

In our financial services division at Burnham & Flower, we are committed to building long-term client relationships by helping you achieve your financial goals before and after retirement. Through our knowledge, resources, and expertise, we work with our clients to develop custom, diversified investment programs. Our highly qualified team can manage your mutual funds and assist you in reaching and maintaining your retirement goals.

For more information, contact Amber Howes at ahowes@bfgroup.com or 800.748.0554.