Mutual Funds.¹

A mutual fund pools the assets of multiple investors and purchases securities to achieve a common pre-defined goal. With its pooled assets, mutual funds provide advantages that an individual investor would not be able to receive. Mutual funds hold many different investments in their portfolios, generally stocks, bonds, and money market instruments. Because of the variety of securities within the portfolio, poor results from one investment will most likely not have a dramatic effect on the mutual fund as a whole. These poor results may be offset by positive results from other investments in the portfolio.

¹You should consider a mutual fund's investment objectives, risks, and charges and expenses carefully before investing. Contact your Financial Advisor to request a prospectus, which contains this and other information about a specific mutual fund. Read it carefully before you invest. Past performance is not guarantee of future results. Investment return and principal value of a mutual fund will fluctuate causing shares, when redeemed, to be worth more or less than their original cost.