Mutual funds

For millions of Americans, mutual funds represent a simple and convenient way to invest. A mutual fund may hold securities, such as stocks or bonds, from dozens or even hundreds of issuers, and each seeks to achieve a certain objective, such as long-term growth of capital, income or a combination of the two.

Buying shares of a mutual fund in effect gives you part ownership of all the securities the mutual fund owns. A professional portfolio manager invests the fund's assets according to the goal of the fund.

The primary advantages of owning mutual funds are professional management and automatic diversification. These features appeal to investors who don't have the time or experience to manage their own portfolios, or the ability to buy the broad array of investments every mutual fund owns.

Ameriprise Financial mutual fund solutions

An Ameriprise financial advisor can help you build a portfolio that's right for you, selecting from a vast array of investment options from stocks and bonds to money markets and over 2,000 top-rated mutual funds. Plus, we provide access to proprietary products from the RiverSource^® family of mutual funds.

You should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. For a free copy of a prospectus, which contains this and other information about the mutual fund, call (800) 862-7919 or contact your financial advisor. Read the prospectus carefully before investing.

Investment products, including shares of mutual funds, are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risks including possible loss of principal and fluctuation in value.