Mutual Funds
What is a mutual fund?
A mutual fund is an investment product pooling the savings of small and large investors into one company and investing those savings into a wide number of investments. When you purchase units of a mutual fund, you become a part owner of all the investments held by that fund.
Tired of going from place to place for mutual funds?
Then rest assured that you've come to the right place!! Even though Signia Financial Group Inc. is not the mutual fund manager of any of our listed funds, we guarantee your access to them. We are agents for some of the top performing local mutual funds, and will match your financial goals with what we have to offer.
What are the Different Types of Mutual Funds?
It's important to understand that each mutual fund has different risks and rewards. In general, the higher the potential return, the higher the risk of loss. Each fund has a predetermined investment objective that tailors the fund's assets, regions of investments, and investment strategies. Below are the types that Signia Financial offers you:
Income Funds
Income funds as the name suggests are designed to provide current income on a steady basis. As such, they are popular with retirees and other investors who are looking for a steady cash flow without assuming too much risk.
Balanced Funds
The objective of these funds is to provide a "balanced" mixture of safety , income, and capital appreciation. The strategy of balanced funds is to invest in a combination of fixed-income and equities.
Growth Funds
These funds usually focus on fast-growing companies. The hope is that these rapidly growing companies will continue to increase in value, thereby allowing the fund to reap the benefits of large capital gains.
Property Funds
This type of fund specializes in real estate.