That’s a great question. But unfortunately, there’s no one-size-fits-all answer. It really depends on your situation – your goals, your investment strategy, your comfort level with risk (known as a risk tolerance). If you need help figuring it out, book a chat with one of our advisors. They can help review your goals, break down your options and design a personalized investment plan based on your needs.
Mutual funds*
Invest a little or a lot. Access a wide variety of affordable, professionally managed mutual funds.
What is a mutual fund?
A mutual fund is a big pool of money collected from a group of investors. It's managed by professionals who use that money to buy a mix of investments like stocks, bonds and ETFs.
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How do mutual funds work?
When you invest in a mutual fund, you're basically buying a small piece of that big pool. Your returns will depend on how well all the investments in that pool do.
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Why invest in a mutual fund?
Professionally managed
No need to follow the markets. You’ll have professionals continually monitoring and managing your mutual fund for you.
Low minimum investment
Mutual funds aren’t just for the high net worth. You can buy with only a low initial investment or monthly contribution.
Diversification
Mutual funds hold a range of stocks, bonds, and other investments, giving you a well-balanced and diversified portfolio.
Flexible options
We work with all Canadian mutual funds companies, so you can choose from an array of options to fit any goal.
Ease of access
Mutual funds are a flexible investment. You can redeem yours whenever you need to at the current market value.
Tax savings
You can choose from a range of tax-efficient mutual funds and save even more by holding them in a registered plan.
Is a mutual fund right for me?
Mutual funds can be a valuable addition to your portfolio, particularly in certain situations:
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Limited time & knowledge – if you lack the time and expertise to monitor and manage your own investments.
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Diversification without effort – if you want a well-balanced portfolio without the hassle of picking individual investments.
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Long-term goals – If you don’t need your savings for a while. This can help maximize growth.
Ready to invest?
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Try our investment calculators
Our handy calculators help you figure out which solutions make the most sense for your savings.
Your mutual fund questions answered
Are mutual funds a good investment for me?
How much money do I need to invest in mutual funds?
There’s a myth that mutual funds are really only for the high-net-worth investor. But that’s not true. You can buy mutual funds with only a small initial investment or monthly contribution.
Are mutual funds covered by CDIC?
No, unless specifically stated, mutual funds aren’t covered by CDIC (the Canada Deposit Insurance Corporation) or our deposit insurance provider, CUDIC (the Credit Union Deposit Insurance Corporation).
However, many of our deposit products do have 100% coverage. To learn more, take a look at our CUDIC page.
How do I invest in mutual funds?
To invest in mutual funds, simply book an appointment with one of our advisors. They can meet you at your local branch or wherever works best for you.
Should I choose an ETF vs mutual funds? What about a GIC vs mutual funds?
Each investment type has its own advantages. Whether you choose an ETF vs mutual funds or a GIC vs mutual funds will really depend on your investment goals and strategy.
If you need help figuring out the best option for you, book a chat with one of our accredited investment specialists. They can help review your goals, break down your options and design a personalized investment plan based on your needs.
What types of mutual funds are there?
There are many different types of mutual funds, including:
- Equity funds – These invest primarily in stocks. They can focus on specific regions (like Canadian equity funds) or sectors (like technology or healthcare).
- Fixed-income funds – Often chosen by investors seeking regular income and lower risk.
- Balanced funds – These funds typically offer a mix of stocks and bonds in one package. They're designed to provide a balance between growth and income while spreading risk.
The type of fund that’s right for you will depend on your investment goals and strategy.
Whether you’re an aggressive, balanced or conservative investor, you can choose from a full array of mutual fund options. We work with all Canadian mutual funds companies, so you can feel confident we’ll recommend a portfolio with your goals and best interests in mind.
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Other solutions you might want
Segregated funds
Secure your mutual funds with an insurance policy that guarantees anywhere from 75% to 100% of your initial investment.
Stocks & bonds
Take advantage of our wide range of stocks and bonds to build a powerful, diversified investment portfolio – guided by our advisors
*Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial 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, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.
At Gulf & Fraser, we're here to power your possible
GFCU Savings contact
The GFCU Savings call centre hours are open from 7:00am-7:00pm Monday to Friday and 8:00am-4:00pm on Saturday.
Local: 1-250-442-5511
Toll-free: 1-866-442-5511
Email: info@gfcu.com
©2024 Gulf & Fraser. All rights reserved. Gulf & Fraser and GFCU Savings are trade names of Beem Credit Union.
