A mutual fund pools money from many investors who share the same investment objective as the fund. Mutual funds give everyday investors a variety of investment opportunities. Investor’s in Mutual funds benefit from the knowledge and experience of professional investment managers who are dedicated to security analysis, evaluation and selection. Investors can have immediate access to their money by selling shares at the fund’s net asset value. Because mutual funds generally invest in a wide range of securities, like stocks and bonds, they provide easy diversification. And because mutual funds are sold in shares, no matter how much you invest, you own a proportionate amount of all the fund’s holdings. Custody, tax reporting and record keeping are among the many services mutual fund companies provide in a highly cost-effective manner.
A variable annuity is a personal retirement strategy that can provide you with a solid foundation for your financial future. You may choose among a full range of professionally managed investment portfolios. Your investment return will then fluctuate over time reflecting the performance of the investment portfolios you choose. Your variable annuity investment provides for tax-deferred growth. You don’t pay any current taxes on earnings until they are withdrawn. One of the most unique aspects of a variable annuity is the guarantee you can place on your investments. Variable annuities often provide investment value protection by offering guaranteed death and living benefits. The death benefit guarantees investment amounts for your beneficiaries and living benefits protect investments amounts for you. Additionally, to protect against outliving your income, all variable annuities provide for lifetime income options, which can spread taxation over a lifetime.
Variable annuities are subject to surrender charges and involve risk, including possible loss of principal invested. Guarantees are based on the claims paying ability of the issuing insurance company.
Variable annuities are sold only by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from Chapman Wealth Management.
Withdrawals of earnings from an annuity are taxed as ordinary income and, if taken prior to age 59 1⁄2 may be subject to a 10 percent penalty. Generally, annuity contracts have mortality and expense charges, as well as other account and administrative fees.
Variable annuities used within qualified plans do not offer additional tax deferral benefits.
Because every investor is unique, our investment programs are designed to link your specific investment needs to the appropriate method of professional investment management. In a world when traditional securities analysis and portfolio management are being questioned as out of date in relation to the “new” era of day trading, we are committed to providing personalized investment management services to individual, families, and fiduciaries. We emphasize that each client has unique needs and goals that deserve to be addressed differently. This approach has benefited clients of our firm for many years, and we believe it will remain a successful approach into future decades.