Mutual Funds

A Mutual Fund is a collection of investments — such as stocks, bonds and other funds — that's managed by a professional money manager on behalf of a group of investors.

Benefits of Mutual Funds

  • Higher potential returns. Mutual funds help diversify risk and may generate greater returns than most deposit accounts or other savings vehicles.
  • Easy access to your money. When you invest in a mutual fund, you can redeem part or all of your investment any time you need it.
  • Values-based options. Socially Responsible Investing (SRI) lets you make investment choices that reflect and support your values.
  • Professional management. With access to extensive market research and a solid understanding of the financial markets, professional managers have the know-how to make informed investment decisions.
  • Diversification. When you purchase mutual funds, you're investing in a wide array of companies and industries. You can also invest in different types of assets, such as equities, corporate and government bonds and cash reserves.

 

Meet our Financial Planner Peter Tam Expand/Collapse

Peter Tam is an experienced Financial Planner and insurance and investment advisor. In November 2014, he moved to the Edmonton area from Waterloo, Ontario, and joined the Beaumont Credit Union team, taking over the Credential Financial Strategies Office.

Prior to this move, Peter was first a branch manager with and then a head office Business Development Consultant with Sun Life Financial. In these roles, he worked with advisors throughout Manitoba and Ontario, helping them improve their financial planning abilities, and adapt their business practices to correspond with regulatory changes. Before joining Sun Life, Peter spent ten years running the Credential Financial Strategies Offices for Your Neighbourhood Credit Union, a network of credit unions across southwestern Ontario.

Peter has been a Financial Advisor since 1995, working first in St John’s, Newfoundland, then in Lethbridge, Alberta, before moving to Waterloo. He attained his CFP (Certified Financial Planner) and EPC (Elder Planning Counselor) designations in 2005, and his CHS (Certified Health insurance Specialist) designation in 2012.

Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

Unless otherwise stated, mutual fund securities and cash balances are not insured or guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated.

®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.


 

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