GE epitomizes diversification with a presence in everything from electronics and power to medical technology and financial services. GE offers 12 mutual funds in which you can invest, handled by GE Asset Management Incorporated. As of September 2006, GE Asset Management handled more than $186 billion in assets. GE Asset Management is a wholly owned subsidiary of General Electric, managing the GE family of funds with a stated commitment to both integrity and quality.
Think carefully about your investment goals, risk tolerance level and the time frame in which you hope to accomplish your goals. Write your investment goals down and refer to them as you consider your options.
Peruse the available GE mutual funds and recognize the relationship between risk and reward. The funds with the lowest level of risk offer the lowest potential for investment rewards. By contrast, a higher level of risk translates into more potential for returns and capital appreciation.
Click on any GE fund to view its related fact sheet. You will need Adobe Acrobat Reader, available for free download, to perform this step.
Visit GEFunds.com to view information regarding the available GE mutual funds. You may choose to invest in any of the GE international/global, domestic growth, domestic growth and income, domestic income and money market funds.
Use the "Portfolio Composition" link to review the holdings for each GE mutual fund.
Use the "Prices and Performance" link to review daily prices, yields, short- and long-term performance for the funds that interest you. Keep in mind that performance data is not load adjusted.
Download a prospectus for each GE mutual fund that interests you. Choose the funds that best suit your needs.
Download and complete a GE fund application. Enclose a check for the minimum required deposit and mail it to GE Mutual Funds. The minimum opening investment is $500 for each fund.
- Don't overlook fees, charges and expenses in choosing mutual funds in which to invest. If two mutual funds are similar in performance, the fund with fewer expenses and fees may be the better bet for maximizing your investment money.
- Besides checking on the Internet, you can find fund performance information in many newspapers, such as the "Wall Street Journal" or the daily newspaper in your area.
No comments:
Post a Comment