A mutual fund is a collection of stocks, bonds, or other securities owned by a group of investors and managed by a professional investment company. When you put money into a mutual fund, it is combined with money from similar-minded investors. This large pool of money gives you much greater purchasing power than you could have investing on your own.
Fusion Credit Union partners with Credential Asset Management Inc. to provide our members with a diverse group of mutual funds to consider. Their Wealth Consultants work to find investment solutions that match each client’s appetite for risk and their savings objectives. RRSPs, RRIFs, RESPs, TFSAs and non-registered accounts are all available to invest in mutual funds.
Mutual Funds are offered through Credential Asset Management Inc. Visit our Wealth Management section for more information.