A Mutual Fund Checklist Mutual funds are not guaranteed or insured by any bank or government agency. Even if you buy through a bank and the fund carries the bank's name, there is no guarantee. You can lose money. Mutual funds always carry investment risks.
Some types carry more risk than others.
Understand that a higher rate of return typically involves a higher risk of loss. Past performance is not a reliable indicator of future performance. Beware of dazzling performance claims. All mutual funds have costs that lower your investment returns. You can buy some mutual funds by contacting them directly.