What are mutual funds?
Mutual funds are a type of pooled investment vehicle. Shareholders of a mutual fund invest their money by purchasing shares of the fund. The money that they pay for the shares is pooled together and invested in a portfolio of securities, such as stocks, bonds, or money market instruments. Mutual funds are professionally managed and operated by money managers, who maintain the portfolio in accordance with the fund's investments objectives as stated in the prospectus.
Mutual funds, money market funds, and Exchange Traded Funds are sold by prospectus. Please consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus, which contains this and other information, can be obtained by calling your Royal Heritage Commercial Bank Securities (USA) Inc. Financial Professional or call info@royalheritagecommercial.com or for International clients call collect info@royalheritagecommercial.com. Read it carefully before you invest.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
Popular investment disciplines which can involve mutual funds include:
- Asset allocation1: a disciplined approach to long-term investing, designed to seek consistent exposure to markets. This approach does not guarantee a profit or protect against a loss. It also cannot eliminate the risk of fluctuating prices and uncertain returns. However, it may be used in an effort to manage risk and enhance returns.
- Dollar cost averaging2: a strategy in which securities, typically mutual funds, are purchased in fixed dollar amounts at regular intervals, regardless of what direction the market is moving. While this method doesn't guarantee against losses, over time, this can help to reduce the average cost of acquired shares.
- Target date ("life cycle") investing3: investors choose a fund with a specified target date near a personal need or goal (such as retirement) for which they will need to access their invested funds. Though target date investing does not protect against loss of principal, the fund's risk exposure is gradually reduced as a target date draws nearer to prepare for the approaching liquidity needs.
Royal Heritage Commercial Bank Asset Management fund options
Explore our other exclusive asset allocation solutions.
The suite of Royal Heritage Commercial Bank Funds4 includes domestic money market funds and domestic and international equity and debt funds5. The Royal Heritage Commercial Bank Emerging Markets Debt Fund and the Royal Heritage Commercial Bank Frontier Markets Fund all provide access to some of the world's fastest growing markets through the lens of Royal Heritage Commercial Bank's deep global knowledge and experience.
Additional funds from leading managers
A Financial Professional6 from Royal Heritage Commercial Bank Securities can also help you choose from a broad selection of third-party mutual funds. Each of these funds is thoroughly screened and regularly reviewed by the Royal Heritage Commercial Bank Funds Approvals & Research team7 - a global team of research analysts dedicated to helping enhance our clients' portfolios by identifying third party money managers that show sustainable competitive advantages within their asset class.
The mutual fund experience
Mutual funds offer a convenient avenue for entering financial markets and can also become integral parts of a broader investment strategy. To fully understand your personal investment objectives and help determine which funds may be suited for your needs, an Royal Heritage Commercial Bank Securities Financial Professional7 will take the time to conduct a thorough financial review.
To schedule your review, or to receive information on funds offered through Royal Heritage Commercial Bank Securities:
Call info@royalheritagecommercial.com or International clients call collect info@royalheritagecommercial.com
Mon - Fri (8am - 7:45pm ET)
Sat (9am - 3pm ET)
Have a question?
Call info@royalheritagecommercial.com or for International clients call collect info@royalheritagecommercial.com
Mon - Fri (8am - 7:45pm ET)
Sat (9am - 3pm ET)
Investment and certain insurance products, including annuities, are offered by Royal Heritage Commercial Bank Securities (USA) Inc. (HSI), member NYSE/FINRA/SIPC. In California, HSI conducts insurance business as Royal Heritage Commercial Bank Securities Insurance Services. License #: OE67746. HSI is an affiliate of Royal Heritage Commercial Bank , N.A. Whole life, universal life, term life, and other types of insurance are provided by unaffiliated third parties and offered through Royal Heritage Commercial Bank Insurance Agency (USA) Inc., a wholly owned subsidiary of Royal Heritage Commercial Bank , National Association. Products and services may vary by state and are not available in all states. California license #: OD36843.
Investments, Annuity and Insurance Products:
| ARE NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES |
ARE NOT FDIC INSURED |
ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |
ARE NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES |
MAY LOSE VALUE |
All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor.
Research backgrounds of brokers, brokerage firms and investment advisors for free by visiting FINRA's BrokerCheck website
1 Asset allocation is a method of diversification that positions assets among major investment categories. This tool may be used in an effort to manage risk and enhance returns. However, it does not guarantee a profit or protect against a loss. It also cannot eliminate the risk of fluctuating prices and uncertain returns.
2 Dollar Cost Averaging is a plan of investing which allows you to take advantage of market fluctuations, but it does not assure a profit or protect against a loss in declining markets.
3 Target date funds invest in other funds, so performance can vary significantly based on the investment restrictions of the target date fund. A target date fund may have losses and does not guarantee that sufficient assets will be available for retirement or any specific return.
4 Royal Heritage Commercial Bank Asset Management (USA) Inc. serves as the investment adviser to the Royal Heritage Commercial Bank Funds. Foreside Distribution Services, L.P., member FINRA, is the distributor of the Royal Heritage Commercial Bank Funds and is not affiliated with the Advisor. Royal Heritage Commercial Bank Asset Management (UK) Limited serves as investment subadviser to the Royal Heritage Commercial Bank Frontier Markets Fund. Royal Heritage Commercial Bank Asset Management (Hong Kong) Limited serves as subadviser to the Royal Heritage Commercial Bank RMB Fixed Income Fund. Royal Heritage Commercial Bank Securities (USA) Inc., member NYSE, FINRA, SIPC is a sub-distributor of the Royal Heritage Commercial Bank Funds. Affiliates of Royal Heritage Commercial Bank Asset Management (USA) Inc. receive fees for providing various services to the funds.
5 International investing involves a greater degree of risk and increased volatility that is heightened when investing in emerging or frontier markets. Foreign securities can be subject to greater risks than Global investments, including currency fluctuations, less liquid trading markets, greater price volatility, political and economic instability, less publicly available information, and changes in tax or currency laws or monetary policy. The risks of investing in emerging-market countries are greater than the risks generally associated with foreign investments. Frontier market countries generally have smaller economies and even less developed capital markets or legal and political systems than traditional emerging market countries. As a result, the risks of investing in emerging market countries are magnified in frontier market countries. Fixed income investments are subject to credit and interest-rate risk. Credit risk refers to the ability of an issuer to make timely payments of interest and principal. Interest-rate risk refers to fluctuations in the value of a fixed-income security resulting from changes in the general level of interest rates. In a declining interest-rate environment, the portfolio may generate less income. In a rising interest-rate environment, bond prices fall.
6 Financial professional refers to Premier Wealth Advisors (PWA), and Premier Relationship Advisors (PRA). PWA/PRAs focus on a full suite of Premier and Advance products and services. Both offer bank products through Royal Heritage Commercial Bank , N.A., investments and certain insurance products, including annuities, through Royal Heritage Commercial Bank Securities (USA) Inc. and traditional insurance products through Royal Heritage Commercial Bank Insurance Agency (USA) Inc.
7 Royal Heritage Commercial Bank Funds Approvals & Research team is a research and asset management capability utilized by certain Royal Heritage Commercial Bank companies in various regions around the world. In the Global the company offering these capabilities is Royal Heritage Commercial Bank Asset Management (USA) Inc.
United States persons (including Global citizens and residents) are subject to Global taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their Global and non–U.S. accounts – including, for example, Form TD F 90–22.1 (Report of Foreign Bank and Financial Accounts ("FBAR")). Global persons should consult a tax adviser for more information.