Mutual Fund Investments...

About Mutual Funds

A mutual fund is an investment company that makes investments for individuals of institutions who share common financial goals.

One major advantage of mutual funds is that by pooling their money, investors have a simple, convenient way to achieve the kind of diversification and professional management that my otherwise be impractical or even impossible for individual investors.

Investors share in the funds' earnings and capital gains. Some funds concentrate on income, others on growth, or a combination of both. Although variations and subcategories exist, the following are three types of mutual funds:

Three Types of Mutual Funds

• Fixed Income Funds
  Invest in securities issue by the US Government*, its agencies of by corporations. Tax-Free funds invest in municipal bonds.
• Equity Funds
  Invest mostly in stocks. The stocks may be broad mix or they may be limited to a particular industry.
• Balanced Funds
  Invest in a combination of stocks and bonds.

Many options are available to investors in selecting a mutual fund. Choosing the right mutual fund depends on your personal investment objectives. Once you determine those objectives, you can select a fund that best meets your needs.

The decision to invest in a mutual fund is one you have to make on your own. However, when you try to choose an investment, it's usually best to seek the guidance of an investment representative. Why? Consider that there are more mutual funds than there are stocks listed on the New York Stock Exchange. While many of these funds share the same objectives, no two are exactly alike. Similarly, as an investor, your goals are unique. An investment Executive can help you determine the fund that's right for you.

Ask to speak to an Investment Executive located at your nearest Ulster Savings Bank branch location.

Before You Invest

Mutual funds are sold by prospectus.  Investors should consider the investment objective, risks, charges and expenses of the investment company carefully before investing.  The prospectus contains this and other information about the investment company.  A prospectus is available from an Investment Executive . Please read the prospectus carefully before investing.

PRIMEVEST Financial Services, Inc. is an independent registered broker/dealer and registered investment adviser. Member FINRA/SIPC. Securities and insurance products offered by PRIMEVEST: *Not FDIC insured * May go down in value * Not financial institution guaranteed * Not a deposit * Not insured by any federal government agency. Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate PRIMEVEST Advisory Services Agreement and disclosure brochure as provided. * Neither PRIMEVEST nor any of its representatives may give legal or tax advice. FINRA Registered Branch: 180 Schwenk Drive, Kingston, N.Y. 12401

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Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.