What is a mutual Fund?

A mutual fund is a financial intermediary that pools money together and invests in a predetermined investment objective.  They are very cost efficient and very easy to invest in.  Through mutual funds, investors are able to purchase stocks or bonds with much lower trading cost with the advantage of being diversified at the same time.

Commissions, trailing commissions, management fees and expenses all may be associated
with mutual fund investments.  Please read the prospectus before investing.  Mutual funds
are not guaranteed, their values change frequently and past performance may not be repeated.