A mutual fund is a professionally managed investment vehicle that is funded by shareholders for the purpose of investing in stocks, bonds, and money market instruments. Mutual funds are operated by professional money managers, who invest the fund’s capital and attempt to produce capital gains and income for the fund’s investors. Each mutual fund portfolio is structured and maintained to match the investment objectives stated in its prospectus. You can easily diversify your portfolio by choosing the fund that achieves your investment objective.
ACAP offers thousands of mutual funds, including those from Allianz, American Funds, Franklin Templeton Investments, Oppenheimer Funds and many others. See the fund prospectus for details about pricing.