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Mutual funds

A great way to invest, diversify, and potentially earn higher returns

What is a mutual fund?

A mutual fund is a group of different investments like stocks, bonds, and other types of funds. When you buy a mutual fund, you’re pooling your money together with other investors. This makes it easier for you get into the market and diversify without paying big bucks to buy individual investments.

Mutual funds are managed by professionals, so you don’t need to worry about buying and selling individual investments on your own.

You can buy mutual funds in a regular, non-registered investment account, or include them as part of your RRSP or TFSA.

To learn more, connect with Aviso Wealth.

 
 

Investments with benefits.

Yep. You can afford them

You don’t need lots of money to start investing in mutual funds. An initial investment of $500, or $25 per month, is all you need to start growing your money. How easy is that?

You can probably earn more

First off, mutual funds aren't guaranteed, but they have the potential to earn more than savings accounts or GICs. Plus, they’re professionally managed.

You can diversify with less

By pooling money from lots of investors, the mutual fund can buy a variety of different investments. This helps offset risk - if one investment performs poorly, another might do well.

Why should I invest?
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How mutual funds compare to savings accounts and GICs

With savings accounts and GICs you earn interest. With mutual funds, you earn money based on the types of assets in the fund. These assets could generate dividends, interest, or capital gains/losses. While your principal (the amount you initially invest) isn’t guaranteed and returns can vary, mutual funds can typically result in more growth over the longer term.

Making mutual funds a part of your investment plan is a great way to grow your savings.

Tip: Regular investing can help you stay on track. Set up regular automatic payments, like $25, $50, or $100 per month, to grow your money!

What is a pre-authorized contribution plan?

Connect with us to get started

Ready to start investing?

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Frequently asked questions

  • Do mutual funds have fees?
    Yes, though the exact amount depends on the fund. Fees pay the cost of managing the fund. They’re included in the cost of the fund.
  • Are mutual funds high risk?
    Mutual funds are generally higher risk than savings accounts and GICs, which are principal protected and can have guaranteed returns. However, the risk varies depending on the type of fund. Also, the risk may be offset by the fact that funds often hold diverse investments. For example, if one investment, like stock in a particular company, performs poorly, the fund’s other investments may help balance it out.

    Some mutual funds invest in particular industry sectors, and if the industry as a whole is struggling the fund would likely experience a loss. We can help you understand your risk profile and where your money is invested.

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Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated.

The information contained in this article was obtained from sources believed to be reliable; however, we cannot guarantee that it is accurate or complete. This article is provided as a general source of information and should not be considered personal investment advice or a solicitation to buy or sell any mutual funds.

**For illustration of the potential growth comparison between a balanced mutual fund vs GIC.