Front Loaded Mutual Funds

Front Loaded Mutual Funds

Front Loaded Mutual Funds

Mutual funds are a popular investment vehicle because their diverse nature lends to a more balanced financial portfolio. Investment companies sell shares of the fund and invest the proceeds in a variety of assets under the direction of a professional money manager.

Where to Buy Mutual Funds

Advisers must be registered to sell mutual funds in their state, province or territory. Licensing requirements include the successful completion of a training course and the examination required by the province's regulatory agency.

Mutual funds may be purchased from registered advisers at:

  • Banks/trust companies
  • Brokerage firms
  • Credit unions/caisses populaires
  • Life insurance brokers and agents
  • Mutual fund companies
  • Mutual fund dealers

Mutual fund and life insurance companies typically sell only their own funds, while banks and dealers offer a variety of different products.