Investing can provide an excellent way to grow your money and achieve long-term financial goals. It is also possible to achieve this with the help of a professional advisor, who can help you balance your financial situation and your comfort level with risk versus the need for some growth potential and the security of your principal.

With investment funds, your as well as the savings of other investors are put together. A fund manager will then purchase, hold and even sell investments on your behalf. Most funds consist of various assets, which reduces risk of investment. Certain funds are more specific for instance, like those that concentrate on commodities or property. There are also multi-asset fund that may hold a mixture of various asset types, including bonds and shares.

Certain funds are geared towards certain regions or sectors like emerging markets or green investments. They also have a variety of investment goals, for instance, targeting certain levels of growth or reducing https://highmark-funds.com unsystematic risk. Others have a more general focus, such as low-cost investing.

The length of your investment period and your approach to risk will determine the kind of unit trusts, OEICs, and investment trusts you select. Younger investors may be more willing to take on a greater level of risk and therefore choose funds that include a higher proportion of stocks. For those who are nearing retirement or have family commitments might prefer to take a lower level of risk and select a fund with more bonds.