How to Invest in Van Kampen Mutual Funds
Think about your investment goals and what sort of mutual fund will help to meet that goal.
Tips & Warnings
- On the Van Kampen website, you have the opportunity to download not just the prospectus for each mutual fund, but also the most recent annual report.
- Keep an open mind as you peruse the Van Kampen mutual funds. An area that might not have been familiar to you might make more investment sense once you read about it.
- It's a good idea to fully investigate the different types of mutual funds Van Kampen offers. For example, a growth fund focuses on aggressive stocks but feature a higher level of risk. A value fund focuses on the 'underdog'--stocks that are performing above expectations. Full descriptions of each type of mutual fund is available on the Van Kampen website.
- Van Kampen's tax-free mutual funds, in particular, have many restrictions on them, particularly when it comes to the investor location. Many are state-specific.
- The Van Kampen website features the NAV and other pertinent information for each of their mutual funds. Remember not to make quick judgements based on these numbers. It's always best to talk with a financial advisor to get the proper perspective for each.
- Keep in mind that Van Kampen's mutual funds are not insured by the FDIC or any other agency.
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