Offered by PNC Investments. PNC Directions is a mutual fund and exchange traded fund (ETF) investment advisory program designed for investors taking those first steps toward achieving their financial goals.
This account offers investors accessibility by using professionally managed third party mutual funds, as well as ETFs managed by iShares®.
- Minimum account size: $5,000 for mutual fund model or ETF model
- Professional portfolio management program designed for investors taking those first steps toward achieving their financial goals
- This account offering makes the process of investing easy and accessible by using professionally managed third party mutual funds, as well as ETFs managed by iShares®
- Mutual funds and ETFs are designed to offer investors access to a diversified portfolio of assets, without having to purchase each asset individually (which may be costly)
- All available mutual funds and ETFs have been carefully researched and undergo ongoing monitoring to confirm that they meet the quantitative and qualitative criteria of PNC Investments
- Utilize the services of a PNC Investments financial professional to help you choose an asset allocation strategy: conservative, moderate, balanced, growth or aggressive
- Annual portfolio review helps confirm that your investments remain consistent with your objectives
Investors should carefully consider the investment objectives, risks, charges and expenses of mutual funds and ETFs before investing; this and other information is contained in each fund's prospectus, provided by PNC Investments, and should be read carefully before investing.
Asset Allocation Determines Fund Selection
PNC Investments will begin by gaining an understanding of your financial goals, time horizon and risk tolerance – to help determine an appropriate asset allocation strategy. In this case, asset allocation strategy refers to the mix of equities (stocks) and fixed income investments (bonds) that make up your portfolio.
At one end of the spectrum is a conservative asset allocation model, structured to help generate income and more heavily weighted in bond and money market funds. At the other end of the spectrum is the aggressive model, geared toward longer-term growth, and more heavily weighted toward equity funds.
Then, using your asset allocation and risk tolerance assessment as a guide, your PNC Investments financial professional will work with you to select the appropriate model and the firm will select the mutual funds or ETFs to construct your portfolio based on the model selected. The mutual funds and ETFs available through PNC Directions are rigorously researched and their performance is monitored on an ongoing basis.
Reviewing Your Portfolio
Once your portfolio is established, you’ll receive monthly account statements and quarterly performance reports so you can stay current on your holdings. Additionally, you will have access to a PNC Investments financial professional who can answer any questions regarding the performance of your account. PNC Investments financial professionals can make adjustments to your investments should your goals or financial situation change.
Pricing & Fees
PNC Directions charges a 1% annual fee for the investment advisory and brokerage services provided by PNC Investments. Mutual fund and ETF fees and expenses, as well as certain account service fees, are in addition to the program fee.
Your journey toward achieving your goals and improving your financial well-being is at your fingertips.
This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.
PNC Directions is a registered trademark of The PNC Financial Services Group, Inc. and is a proprietary product of PNC Bank, National Association.
Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board or any other agency. An investment in mutual fund shares involves certain risks, including the possible loss of principal. There can be no assurance that a fund’s investment objective will be achieved.
The number and variety of investment options available through PNC Directions may be limited relative to other investment programs that utilize a larger universe of investment options.
Important Investor Information:
Brokerage and insurance products are:
Not FDIC Insured. Not Bank Guaranteed. Not A Deposit. Not Insured By Any Federal Government Agency. May Lose Value
Securities products and brokerage services as well as managed account advisory services to U.S. based clients are offered by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and Member FINRA and SIPC. Managed account advisory services for non-U.S. based clients are offered by PNC Managed Account Solutions, Inc., a registered investment adviser. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency (CA License #0B57695).
PNC Investments, PNC Insurance Services and PNC Managed Account Solutions do not provide legal, tax, or accounting advice.
This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.
PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.
PNC Investments LLC, PNC Insurance Services, LLC and PNC Bank, National Association are each affiliated with The PNC Financial Services Group, Inc.
Bank deposit products and services provided by PNC Bank, National Association. Member FDIC.