A mutual fund is an investment company that pools money from shareholders and invests those funds in a professionally managed, diversified portfolio of securities in accordance with pre-defined goals. Some advantages of investing in mutual funds include:
Any new issue of an open-end mutual fund must be sold by prospectus. The "Prospectus" is a document that identifies essential information pertaining to the fees and expenses, objectives, risks, history, and other pertinent information about the fund. The Prospectus must be delivered to the investor for review to ensure they have the opportunity to make a fully informed decision about the potential investment in the mutual fund.
Investments in mutual funds involve risk, including possible loss of the principal amount invested. Past performance is no guarantee of future results. Investment return and principal value of an investment will fluctuate; investor's shares, when redeemed, may be worth more or less than their original cost. You should consider the investment objectives, risks and charges and expenses of the fund carefully before investing. A prospectus contains this and other information about the mutual fund. Read the prospectus pertaining to the investment company's mutual fund you are considering carefully before investing.
Investment products are offered through Key Investment Services LLC (KIS), member FINRA/SIPC. Insurance products are offered through KeyCorp Insurance Agency USA, Inc. (KIA). KIS and KIA are affiliated with KeyBank National Association (KeyBank).
Investment and insurance products made available through KIS and KIA are:
KIS, KIA and KeyBank are separate entities, and when you buy or sell securities and insurance products you are doing business with KIS and/or KIA, and not KeyBank.