Mutual funds offer the perfect solution for a group of investors to effectively pool their money, and invest in a wider variety of securities facilitated by expert fund managers. Mutual fund companies essentially collect the money from their investors, or shareholders, and invest that collective money into individual investment vehicles based on risk profiles, money management philosophies, and financial goals among other important factors.
The mutual fund then passes along the profits (and losses) of those investments to its shareholders. Mutual funds normally come out with a number of schemes which are launched from time to time with different investment objectives.
Invest and Monitor the performance of your mutual funds through our “MyWealthBridge” portal or app.