Mutual Funds and ETFs – A Guide for Investors

Mutual funds and ETFs can offer the advantages of diversification and professional management.  But, as with other investment choices, investing in mutual funds and ETFs involves risk.  In addition, fees and taxes can diminish a fund's returns.  This brochure explains the basics of mutual fund and ETF investing - how mutual funds and ETFs work, what factors to consider before investing, and how to avoid common pitfalls.