Mutual Funds

Mutual funds* are made up of pooled money that is actively managed by a professional investment fund manager. Not all mutual funds carry the same amount of risk. You can reduce risk through diversification or asset allocation and enjoy long-term growth with the expertise of professional managers.

While mutual fund investments are not guaranteed, there are many different funds available with varying degrees of risk and potential for high returns.

Prairie Centre knows your financial needs go beyond traditional banking products. Through our relationship with the companies of Qtrade Financial Group, we can provide you access to a comprehensive line of mutual funds from familiar names such as Dynamic, Fidelity, Templeton, Trimark, NEI Funds and more.

Key features

  •  Mutual funds offer flexibility
  •  Most mutual funds have a minimum deposit of $500
  •  Automatic deposits available

Additional Fund Features

  • Mutual funds can be held in a Registered Retirement Savings Plan (RRSP), a Registered Retirement Income Fund (RRIF), a Registered Educations Savings Plan (RESP), and a Tax Free Savings Account (TFSA).
  • Most helpful product for you if you have 5 to 10 years to build your investments.   
  • Mutual funds offer investors the potential for higher returns.
This product is not included in the guarantee of deposits provided by Credit Union Deposit Guarantee Corporation

*Mutual funds are offered through Qtrade Asset Management Inc., member MFDA

 

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