Mutual funds

Key Points

  • Mutual funds offer the advantage of professional management
  • Investors in mutual funds may benefit from diversification
  • Ameriprise Financial offers access to more than 2,200 funds from nearly 160 fund companies

A mutual fund is a company that pools money from many investors and invests the money in stocks, bonds, short-term money market instruments, other securities or assets or a combination of these investments.

Because professional managers provide ongoing supervision of mutual fund holdings, mutual funds can be a quick and efficient means of managing money.

In addition, mutual funds may provide diversification, an important element of a well-rounded investment portfolio.

Access to a wide variety of fund families

An Ameriprise financial advisor can help you build a portfolio that's right for you, selecting from more than 2,200 funds from nearly 160 fund companies.

If you would like to see if a particular mutual fund is available at Ameriprise, search for it by name or ticker using the Mutual Fund Screener tool. You can use the tool to view a complete list of mutual funds and fund families available at Ameriprise.

Clients should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. The prospectus contains this and other important information about the funds and should be read carefully before investing. For a free prospectus, which contains this and other important information about each fund, call Ameriprise Financial at 1.800.297.7378.