ETF

An exchange traded fund (ETF) is a pool or basket of investments that can be low cost. They trade similar to stocks in that they are priced throughout the day (intraday). Also, they are tax efficient because they do not distribute capital gains.

Mutual Fund

A mutual fund is similar to an ETF in that it’s an investment vehicle made up of stocks, bonds and other assets. The difference between a mutual fund and an ETF is that a Mutual Fund is priced once a day rather than throughout the day (intraday) like an ETF. Mutual funds also have money managers that manage the allocation according to the prospectus of the fund.

 

Bobby Norman, CFP®, AIF®
Senior Vice President
Wealth Consultant
Email Bobby Norman here

Adam Vansant
Associate Vice President
Wealth Consultant
Email Adam Vansant here

 

Fi Plan Partners is an independent investment firm in Birmingham, AL, serving clients across the nation through financial planning, wealth management and business consulting. Fi Plan Partners creates strategies in the best interest of their clients using both fee based investing and transactional investing.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

Economic forecasts set forth in this presentation may not develop as predicted.

No strategy can ensure success or protect against a loss.
Stock investing involves risk including potential loss of principal.

Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.

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