MUTUAL FUNDS

A mutual fund is a company that brings together money from many people and invests it in stocks, bonds, or other securities. (The combined holdings of stocks, bonds, or other securities and assets the fund owns are known as its portfolio.) Each investor owns shares, which represent a part of these holdings.

You take risks when you invest in any mutual fund. You may lose some or all of the money you invest, because the securities held by a fund go up and down in value. What you earn on your investment also may go up or down. Each kind of mutual fund has different risks and rewards. Generally, the higher the potential return, the higher the risk of loss.

Mutual funds appeal to many investors because:

• You can often invest with a small amount of money.
• Some mutual funds spread their investments over a large number of companies so your investment is diversified. (You haven't put all your eggs in one basket.) If you have a small amount of money to invest, investing in mutual funds may be the only way you can diversify your investments.
• Mutual funds are managed by professional money managers who continuously monitor the investments.

The three main categories of mutual funds are money market funds, bond funds, and stock funds. There are a variety of types within each category.

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your registered representative. Read it carefully before you invest or send money. Securities products are limited to residents of GA.

Securities offered through Ameritas Investment Corp. (AIC). Member NASD/SIPC. 5900 O Street, Lincoln, NE 68510. 402-467-6900. AIC and Insuramerica are not affiliated.