CWB Mutual Funds

Frequently asked questions

 

We’ve answered some of the most common questions about CWB Mutual Funds below. Have a question that’s not addressed in the FAQs? Contact us to find the answer.

What is a mutual fund?
A mutual fund is a pool of investments that is managed by a professional investment manager. Your money is combined with that of other investors so you are able to easily diversify your investments and cost-effectively access a professional investment advisor. Each fund has a defined investment objective that determines the overall management of the fund and the types of investments that can be held in it.
How do I decide which mutual fund is right for me?

Some mutual funds are designed to provide a regular income, others are for long-term growth and others are a balance between these goals. Your advisor will meet with you to get a clear understanding of your investment objectives and your tolerance for risk. They will then present you with mutual fund options that are suited to your investor profile. Mutual funds generally fit into three basic categories:

  1. Equity securities (stocks), which are shares in a company.
  2. Fixed income securities, including bonds, are the obligations of a company or a government to repay a sum of money, usually with interest.
  3. Cash and cash equivalents (known as money market funds) are short-term investments for when investors need easy access to their money.
What are the benefits of investing in a mutual fund versus managing my own portfolio?

Mutual funds are managed by professional money managers who make day-to-day investment decisions. These money managers have access to information and research unavailable to individual investors. Rather than you researching every investment within the mutual fund before deciding to buy or sell, the money manager will decide the best mix of investments and will manage it all on behalf of the fund’s investors.

Since your money is pooled with other investors, investing in a mutual fund allows you to easily diversify your investments and lower individual transaction costs. Mutual funds also allow you to easily diversify your portfolio and minimize investment risk that can come with investing too heavily in one particular security.

Additionally, mutual fund companies will send you regular tax slips and statements, in respect of your investment in the fund, to help you maintain your financial records and assist in your income reporting to the government.

What do I need to get started investing in mutual funds?

First you have to decide what kind of investments you want and how much money you want to invest. Canadian Western Financial (CWF) is Canadian Western Bank’s registered mutual funds dealer and a CWB Wealth Management affiliate. CWF representatives work in Canadian Western Bank branches and are not compensated on commission so you can rest assured that you’ll be receiving objective expert advice.

Is my investment guaranteed?
Mutual funds are securities and as such investments in them are not guaranteed and past performance may not be repeated. The value of the fund will change from day to day, reflecting changes in interest rates, economic conditions and market and company news. Unlike bank accounts or guaranteed investment certificates (GICs), mutual fund units are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.
What are CWB Mutual Funds?

CWB Mutual Funds are a long-anticipated addition to our mutual fund offering. CWB Mutual Funds are offered and managed with the same values Canadian Western Bank has built its reputation on: hard work, common sense, and a commitment to building strong relationships.

Through CWB Mutual Funds, clients can access the same investment expertise high net worth investors receive from the convenience of their local CWB branch.

Learn more about our funds here.

How do I start investing in CWB Mutual Funds?

CWB Mutual Funds are sold to the public in Canadian Western Bank’s branches across western Canada by Canadian Western Financial (CWF) representatives.

What is Canadian Western Financial?

Canadian Western Financial (CWF) is a registered mutual funds dealer and a CWB Wealth Management affiliate. CWF’s registered mutual funds representatives are conveniently located in Canadian Western Bank branches so you can do all of your banking and investing in one place.

Why should I choose CWB Mutual Funds?

Like other mutual fund companies, our funds are managed by experienced portfolio managers through CWB Wealth Management and its affiliates, who will ensure your money is working hard for you. What makes us different is that we focus exclusively on delivering excellent personalized service and giving you access to the same investment expertise high net worth clients receive, while experiencing CWB Group’s common-sense approach and commitment to building strong relationships.

Get started now

Stop by your local Canadian Western Bank branch or call today to get started. One of our mutual fund sales representatives will be pleased to help you.

Find a branch near you