This account offers investors accessibility by using professionally managed third party mutual funds, as well as ETFs managed by iShares®.
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.
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.
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.
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.
For detailed information regarding PNC Directions, a wrap program sponsored by PNCI, please review the program's Form ADV Part 2A Disclosure Document
Learn how PNC Investments does business, including our qualifications, business practices, fee schedules, and options for how you can work with us by reviewing our Client Relationship Summary, Overview of Products and Services and more. View Details
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.
View the PNC Investments Business Resiliency Planning Customer Disclosure.
This document provides information on additional compensation that PNC Investments receives from certain mutual fund companies, 529 plan program managers and insurance companies.
This document contains information regarding trade away practices of investment managers in the PNC Investments managed account programs.
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.
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