Funds Facts | AMF (2024)

FAQs

What is included in a fund fact? ›

A Fund Facts document provides you with valuable information about a mutual fund; such as its past performance, costs and breakdown of investment assets; so that you and your financial advisor can select the mutual funds that are right for you.

Unless you are very well versed with the markets and have expert knowledge about mutual funds, a good rule of thumb would be to own: Large Cap Mutual Funds: Up to 2. Maybe 3 at best. Beyond that, it doesn't make sense as there will be a great overlap in the shares owned by your mutual funds.

This includes the basic information on the background of the fund, including the date the fund started, its total value at the time the Fund Facts was produced, the fund's management expense ratio (MER), the name of the fund manager and portfolio managers, the fund's distributions and the minimum investment needed to ...

It shoud be noted that VFINX is been seen as an investment having 5-year annualized total return of 9.39% which can b e seen as top third among its category peers and it has risk tolerance because VFITX are generally considered to be less risky when it is been place side b y side to equity funds.

A fact sheet is a brief document that shares relevant information about a topic in a way that is easy for laypeople to understand. Fact sheets should: Include a title with the words Fact Sheet. For example: Rural Public Health Fact Sheet.

The factsheet usually tells you the fund's objectives, the fund's details, the fund's asset allocation, what a potential investor's profile is, the historical returns of a fund, the top holdings of the fund, risk assessment, and the fees involved.

A mutual fund fact sheet is a document that provides essential information about a mutual fund scheme, such as its objectives, risks, performance, portfolio, expenses, and other details.

Key Takeaways

Fact sheets detail critical information on fees, risk, and historical returns. Analyzing fees on a mutual fund is critical since high fees significantly impact overall returns. These fact sheets are easy to find on the fund's platform.

Proof of funds refers to a document that demonstrates the ability of an individual or entity to pay for a specific transaction. A bank statement, security statement, or custody statement usually qualify as proof of funds. Proof of funds is typically required for a large transaction, such as the purchase of a house.

Generally, bonds have a lower rate of return compared to stocks, so the average annual return would likely be around 3-5%. The average annual return for investing 100% in stocks varies depending on the type of stocks and market conditions. Historically, the average annual return for stocks has been around 8-10%.

What is the annual return of VGIT? ›

Capital Growth as of Apr 30, 2024

An investment of 1$, since January 2010, now would be worth 1.30$, with a total return of 30.49% (1.87% annualized).

Who Should Consider VFQY? VFQY is a suitable option for investors seeking a diversified, low-cost way to gain exposure to US quality stocks. It is particularly well-suited for long-term investors who are comfortable with moderate risk and are seeking consistent growth potential.

A fund is cash saved or collected for a specified purpose, often professionally managed with the goal of growing the value of the fund over time. In investing, the most common example is a mutual fund, which pools money from shareholders to invest in a portfolio of assets such as stocks and bonds.

While the Fact Sheet provides recent performance data, the Prospectus often includes a more extensive history of the fund's performance, allowing you to see how it has performed over various market conditions.