Choosing a Mutual Fund

• What any seasoned investor will tell you – before you make any investment decisions, have your personal plan in place, have your research done, and talk to an investment professional.

  Choosing the right mutual funds can be difficult. You’ll need to balance your investment goals with how much risk you’ll tolerate and the length of time you want to hold your investment.

  Whatever your needs and preferences, there’s a fund or combination of funds that’s right for you. Solutions such as BMO MatchMaker® Strategic Investment Service can make choosing the right investment even easier.

• Always compare apples to apples – when you’re evaluating funds based on their past performance, always compare funds of similar asset class, fund objective and financial market. For example, there is no point in comparing a fund which invests only in Canada with one that invests in global equities. 

• If you haven’t invested in mutual funds before, the world of investing has a language of its own, and it can be confusing at first encounter.  Bookmark our Glossary of terms and definitions to refer to as you research online.