Mutual funds pool money from many investors to invest in stocks, bonds and other assets. Funds are managed by professional portfolio managers.
ETFs are investment portfolios usually designed to track the performance of a specific index, such as the S&P 500, MSCI World or NASDAQ Composite Index. ETFs are traded on the exchanges (similar to stocks), and shares in the funds can be purchased or sold during trading hours. ETFs may also be actively managed.
Stocks permit you to buy ownership shares in a specific company, which may offer dividends and capital gains.
Bonds, or fixed income securities, represent debt instruments issued by governments, government agencies and corporations. Bonds generally offer a higher level of stability than stocks, and can provide a steady stream of income.
Annuities are contracts with insurance companies designed to help meet retirement and other long-term goals with the ability to provide a steady stream of income. Investors make lump-sum payments or a series of payments over time, then receive payments from the insurance company in return.
The following information may be provided by PNC Investments affiliates, including PNC Bank, PNC Private Bank℠ or PNC Institutional Asset Management®:
