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Mutual Funds

Introduction to Mutual Funds

In today's increasingly complex financial marketplace, mutual funds have become the investment vehicle of choice for millions of Americans. And no wonder, mutual funds offer convenience, diversification and professional money management in a single investment. Over the last few years the number of new mutual fund offerings has literally exploded. Industry research indicates that there are more than 8,000* mutual funds currently in existence with more being added every day.

Morgan Keegan offers a complete line of mutual fund products and services. Our dedicated research team, through a clearly articulated screening process, is focused on identifying what we believe are the best funds in each investment category and asset class, so you and your advisor can find the right fund or combination of funds to meet your financial goals. A brief description of our mutual fund choices and related services are outlined in the Mutual Funds Programs section.

*Source: Investment Company Institute Mutual Fund Fact Book 2009

Freedom of Choice

Morgan Keegan currently has established relationships with more than 400 of the largest and most respected mutual fund companies in the industry. These relationships encompass more than 8,000 individual funds from which you and your Morgan Keegan financial advisor may choose to create a customized financial solution to fit your individual needs and goals. Morgan Keegan maintains a full staff of mutual fund professionals dedicated to assisting in the selection process and to providing on-going service through our extensive dealer relationships.

All investment products including mutual funds involve risk. Principal value and investment return will fluctuate, so an investor's shares/units when redeemed may be worth more or less than the original amount. A complete explanation of risks, charges and expenses may be found in the prospectus. Investors should carefully read and understand the information contained in the prospectus before investing or sending money.

Mutual Fund Trading Practices:

Morgan Keegan is keeping a close eye on all new developments of concern to investors in mutual funds.

Our approach to this situation is to evaluate funds individually, rather than to make fund family generalizations since many funds are sub-advised by independent money managers. Morgan Keegan's mutual fund research analysts monitor the headlines and notify the firm's financial advisors of any noteworthy information that may affect funds on the firm's various recommended lists.

Read our Financial Support Disclosure for mutual funds and annuities