Insurance Banking Investing Retirement Advice Membership Log On MUTUAL FUNDS An affordable way to start investing Whether you're diversifying your portfolio or just starting out, our trusted providers can help simplify the investment process with mutual funds. Mutual funds basics Before you get started, it helps to know some of the basics. Mutual funds are: Investments that can be long or short term and chosen for your individual goals. Funds with multiple investors that offer investors part ownership. Many funds will allow you to invest as much or as little as you want. A mix of stocks, bonds and more that are invested in and adjusted by a fund manager. How do mutual funds work? Mutual funds are a simple and affordable way to start investing without having to learn the inner workings of the stock market. Instead of researching and managing individual stocks, you can invest a set amount into a mutual fund or funds. A fund manager will invest and make adjustments to the fund. If you're new to investing, mutual funds can be a good way to get started. Why invest in mutual funds? Understanding the differences between investing in individual stocks and mutual funds can help you decide what works best for you. Differences in mutual funds Individual Stocks Mutual Funds Cost Stocks are purchased at market value and may include a commission to buy and sell. The cost of buy-in depends on the fund and can be done with an initial or monthly deposit. There's no commission, but there are other fees that vary by fund. Risk There's no diversification in putting all your money in one stock, so there's higher risk. Your gain or loss depends on how that stock performs. There's generally less risk with mutual funds because they're spread across a variety of securities. Management They require personal management, research and rebalancing as needed as part of your overall portfolio. Fund managers monitor the market and make adjustments, so you don't have to. Providers dedicated to you Our investment providers have the commitment and knowledge to guide you through getting started with mutual funds. See what each one offers. Victory Capital could be good for those who want: To invest directly in USAA Mutual Funds A range of investment options for as little as $50 a month Guidance from representatives who specialize in USAA Mutual Funds Financial readiness resources designed for the military community Learn more about USAA Mutual Funds Schwab could be good for those who want: To invest in a wide-range of no-load mutual funds No account minimums or maintenance fees Professional help and access to simple, all-in-one solutions Industry-leading service available 24/7 Learn more about Schwab Mutual Funds Important Information from Victory Capital: Consider the investment objectives, risks, charges and expenses of the USAA Mutual Funds carefully before investing. Download a prospectus or summary prospectus containing this and other information. Read it carefully before investing. Important Information from Schwab: Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing. Learn more about USAA Investment Services Company, Charles Schwab or Victory Capital Services, Inc. on FINRA's BrokerCheck website. Copyright © USAA Investments/Insurance: Not a Deposit • Not FDIC Insured • Not Bank Issued, Guaranteed or Underwritten • May Lose Value Investing involves risk, including potential loss of principal. Past performance is no guarantee of future results. Automatic investment plans don't assure a profit or protect against loss in declining markets. This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. USAA Investment Services Company (ISCO), a registered broker-dealer and a registered investment adviser, provides referral and marketing services on behalf of Charles Schwab & Co., Inc. (Schwab), a dually registered investment adviser and broker-dealer, and Victory Capital Services, Inc. (VCS), a registered broker-dealer. Schwab and VCS compensate ISCO for these services. Important Information from Victory Capital: Victory Capital means Victory Capital Management Inc., the investment adviser of the USAA Mutual Funds. USAA Mutual Funds are distributed by Victory Capital Services, Inc., member FINRA, an affiliate of Victory Capital. Victory Capital and its affiliates are not affiliated with United Services Automobile Association or its affiliates. USAA and the USAA logos are registered trademarks and the USAA Mutual Funds logo is a trademark of United Services Automobile Association and is being used by Victory Capital and its affiliates under license. Please click here for important information regarding Victory Capital. Important Information from Schwab: The Charles Schwab Corporation provides a full range of brokerage and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. 271255-1021 1948161 We use cookies and related technologies see footnote 1 to help enhance your experience on our site and optimize its performance. Learn more by reading our Cookie Notice , opens in new tab Accept All Cookies Manage Cookies Accept Essential Cookies Footnotes 1 Related technologies can include web beacons and pixel tags.