You can invest in the funds of your choice at a fixed-dollar amount and the purchase frequency you select. The program allows you to take advantage of dollar cost averaging. As a result, you may lower your average cost per share and build a portfolio without trying to predict market cycles. Please read the prospectus which contains more information including sales charges, management fees, and other expenses. Always read the prospectus carefully before you invest or send money.
Prospectuses are available throughout the site.
No investment program is risk free and a systematic investment plan does not assure profits or protect against loss in declining markets. This program is recommended for long-term investing in mutual funds. Since AIPs involves continuous investment in securities regardless of fluctuating prices, you should consider your financial ability to continue investing through periods of low price levels. Choose bonds and CDs from our large fixed income inventory. . . Because Merrill Lynch is one of the largest underwriters and distributors of these products, we can offer you a vast inventory from which to choose.