Mutual funds
For millions of Americans, mutual funds represent a simple and convenient way to invest. A mutual fund may hold securities, such as stocks or bonds, from dozens or even hundreds of issuers, and each seeks to achieve a certain objective, such as long-term growth of capital, income or a combination of the two.
Buying shares of a mutual fund in effect gives you part ownership of all the securities the mutual fund owns. A professional portfolio manager invests the fund's assets according to the goal of the fund.
The primary advantages of owning mutual funds are professional management and automatic diversification. These features appeal to investors who don't have the time or experience to manage their own portfolios, or the ability to buy the broad array of investments every mutual fund owns.
Access to a wide variety of fund families
An Ameriprise financial advisor can help you build a portfolio that's right for you, selecting from over 2,000 funds from well-known fund families, including our own RiverSource® family of funds.
View a complete list of mutual funds and fund families available to our clients.
You should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. For a free prospectus, which contains this and other important information about each fund, call Ameriprise Financial at (800) 297-7378. Read the prospectus carefully before you invest.
Investment products, including shares of mutual funds, are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risks including possible loss of principal and fluctuation in value.
Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients.
RiverSource® mutual funds are distributed by RiverSource Fund Distributors, Inc., Member FINRA and managed by RiverSource Investments, LLC. RiverSource is part of Ameriprise Financial, Inc.
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Related information
Fair Fund Distribution Plan
Learn more about the Revenue Sharing Fair Fund Distribution Plan and view the Statement to Investors.