Products & Services
Mutual Funds
A mutual fund pools the assets of multiple investors and purchases securities to achieve a common pre-defined goal. With its pooled assets, mutual funds provide advantages that an individual investor would not be able to receive.
UVEST maintains strategic relationships with 12 of America's finest mutual fund providers, offering a total of over 1,000 funds, which cover every investment objective and style, every sector and industry, and every investment class. Whether you are looking for large-cap growth or small-cap value, sector funds or socially conscious management, the UVEST family of product partners can meet every need.
With any mutual fund investment, please read the fund’s prospectus carefully before investing or sending money.
Why Mutual Funds?
Diversification
Mutual funds hold many different investments in their portfolios, generally stocks, bonds, and money market instruments. Because of the variety of securities within the portfolio, poor results from one investment will most likely not have a dramatic effect on the mutual fund as a whole. These poor results may be offset by positive results from other investments in the portfolio.
Professional Management
Experienced investment professionals research, select, and invest in securities they believe will achieve the fund’s specific investment objective.
Affordability
Most mutual funds have a low minimum investment amount and offer automatic investment plans, which allow the investor to add to the fund in small increments. An individual investor would most likely not be able to purchase such a wide variety of securities because the cost would be prohibitive. The fund buys and sells many securities at a time, so the result is often lower brokerage costs to the individual shareholder.
Liquidity
Unlike some investments, such as certificates of deposits or bonds, a shareholder may redeem his or her shares on any business day desired. The shares are easily converted to cash, and can be sent to the shareholder in the form of a check or directly deposited in the shareholder’s bank account.
