Mutual Funds
J.P. Turner offers access to one of the largest available selections of mutual funds with more than 15,000 mutual funds from which to choose. J.P. Turner does not offer any proprietary funds. Your J.P. Turner financial advisor can recommend those that fit your investment strategy.
What is a mutual fund?
The idea behind a mutual fund is simple: Many people pool their money into a fund, which invests in various securities, generally stocks and/or bonds. Each investor proportionately shares in the fund's investment return which is affected by the income (dividends or interest) paid on the securities and any capital gains or losses caused by sales of securities the fund holds, fund's objective, such as long-term growth, high current income or stability of principal. Depending on its objective, a fund may invest in stocks, bonds, cash investments or a combination of these financial assets.
Why buy a mutual fund through J.P. Turner?
J.P. Turner is an independent broker-dealer, advisory services and investment banking firm which means our representatives are free to choose from nearly any fund available because we do not sell proprietary products. Your representative will offer unbiased advice and recommend products based on your specific goals and investing style. Mutual funds are professionally managed and offer diversification often with a small initial investment. Many mutual funds are suitable for most investors but, like all investments, they do carry risk, such as fluctuating returns and possible loss of principal, so always read the prospectus and consult with your J.P. Turner financial advisor before investing.
With all the choices, how will I select a mutual fund?
Selecting which mutual fund to invest in is far from easy. More than 18,000 mutual funds are available in today's market and each fund has a different investment goal and risk level. Finding mutual funds that are appropriate for you means knowing your investment goals, risk tolerance and investing time frame. It also involves researching a wide range of funds so that you understand:
- The fund's investment objective and risks
- The fees, charges and expenses associated with the fund
- Which investments are included in the fund
- How the fund overlaps with or complements your other investments
- Its performance over time (although past performance is no guarantee of future results)
You should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. Your J.P. Turner financial advisor can provide you with a prospectus containing this and other important information and answer your questions. Please read the prospectus carefully before investing or sending money.
Investing in mutual funds involves risk. Your principal and investment return in a mutual fund will fluctuate in value. Your investment, when redeemed, may be worth more or less than the original cost.
Your J.P. Turner financial advisor can guide you through which mutual fund is suitable for your portfolio objectives.
