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RRSP

What are mutual funds?

  • A mutual fund is a diversified investment that is redeemable at any time. 
  • A mutual fund basically consists of assets that are pooled and invested by professional managers on behalf of individual investors.

How do mutual funds work?

A mutual fund may invest in a variety of securities, based on a specific asset allocation strategy. Investing in a single fund provides access to several economic sectors, thus ensuring optimal diversification. The value of your investment is subject to market fluctuations, including general economic conditions, interest rates, exchange rates, etc.

Advantages

  • Buying and selling mutual funds is easy and hassle-free. You can usually redeem your fund units and receive the cash value within one business day.
  • National Bank offers a wide selection of fund categories, based on your needs, risk tolerance, financial goals, etc.
  • You can reap the benefits of a diversified portfolio for as little as $500.
  • Reduce your risk and increase your return.
  • Entrust your assets to our seasoned portfolio managers.

If you choose to contribute online, the investment you select will be validated by a National Bank advisor.

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