Mutual funds are sold by registered representatives.
In order to set up a mutual fund one way would be to contact a registered representative who could help you. The first step would be to understand your situation and your investment objectives (know your client). Then recommend a portfolio that fits your objectives.
Mutual funds usually have a minimum investment amount that varies by fund company. For example $25 or $50 monthly or lump sums of $1,000 to $100,000 (or more).
In Canada, if you are self-employed (any age) or within 10-15 years of retirement then segregated funds are an option to consider. They are similar to mutual funds but since they are issued by insurance companies they have guarantees and features mutual funds cannot match. More information on what you ought to know about protecting and growing your Nest Egg can be found at http://www.jpw.ca
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
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In order to set up a mutual fund one way would be to contact a registered representative who could help you. The first step would be to understand your situation and your investment objectives (know your client). Then recommend a portfolio that fits your objectives.
Mutual funds usually have a minimum investment amount that varies by fund company. For example $25 or $50 monthly or lump sums of $1,000 to $100,000 (or more).
In Canada, if you are self-employed (any age) or within 10-15 years of retirement then segregated funds are an option to consider. They are similar to mutual funds but since they are issued by insurance companies they have guarantees and features mutual funds cannot match. More information on what you ought to know about protecting and growing your Nest Egg can be found at http://www.jpw.ca
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.