I've been investing in mutual funds since 2007. Back then I didn't have much clue what is what. A lot has changed since then, and in general, I don't invest with mutual funds anymore (they are too simple for me), but there is one fund in which I invest small bits of the money every week. Keep reading to learn more.
A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.
What I like about investing with Seb bank mutual funds - they are commission-free (unlike stocks), and despite I don't look at these funds as the way to generate additional income (in form of dividends or options) - I like how they work in the long term.
For investments with SEB funds, I have chosen the so-called dollar (euro) cost averaging - investing small bits of money in my preferable fund of choice, see: 52 Week Money Saving Challenge 2.0. SEB Funds
There are plenty of funds to choose from to invest in with SEB bank
Currently, I'm investing with one SEB bank's fund - SS1 SEB Eastern Europe ex Russia Fund C, the fund also includes companies from the Baltics in the portfolio.
For many weeks investments in this fund has been in the color of red (negative), but as I keep adding some small money every week (remember, it's commission-free to buy funds with SEB bank) - it didn't feel like a huge surprise seeing a green color (positive) in the portfolio after this great bull run we have had in the last two weeks.
Once these 52 weeks will be over, I will take of the money saved in this fund and re-deploy in more aggressive markets, but for now, this is both fun and profitable.
Abiut Traditional investment funds
- You can choose either to invest in the stock, bond, or balanced funds
- The minimum amount of investment is one euro.
- The opportunity to buy, sell back, and change fund certificates using the internet bank
If you are not put off by some risk, traditional investment funds are your shortest route to the world's financial markets. You can diversify your investment portfolio by making investments in low-risk bond and money market investment funds as well as in the dynamic stock markets of different countries, regions and economy sectors. SEB investment funds are managed by professional financial market specialists in accordance with the investing terms and conditions of the relevant funds. You can independently buy, sell and change fund certificates via SEB internet bank.
How to invest
To purchase fund certificates, you need to have a current and securities account opened with SEB bank. A securities account can be opened via internet bank or at any branch of SEB bank, upon presenting a document proving your identity.
You can also buy and sell investment funds using the online banking facility.
Investing in stock funds is long-term savings with a high risk tolerance level. If you want to learn more about investment opportunities and risks, apply for a consultation with one of our investment specialists.
The minimum amount of investment is one euro.
Regular purchase of investment funds
If you would like to buy funds on regular basis, we offer regular investment fund purchase via our internet bank.
By making regular investments in SEB funds you will decrease the fluctuations of investment portfolio value. You determine the amount (minimum is 10 EUR), the frequency for fund purchase, as well as the first day of investment.
You may specify the regular investing expiry. The minimum period for the regular fund purchase order is three months.
Regular investments mean that you invest evenly, thus balancing out the possible fluctuations when the securities market experiences increase or fall.
In some of my next articles about the stock market in the Baltics, I will write about how to invest in Scandinavian companies which are present in the Baltics
About Seb Investment Funds
If you wish to effectively invest your free financial assets and are ready to undertake higher risk, get more information about the opportunities of SEB investment funds! Investing in investment funds is one of the most common ways of managing financial resources. By combining many resources of individual investors, the total investment range increases but the risk decreases as it is possible to diversify the investments. Investment funds give investors the opportunity to split their costs that are related to investments in financial markets thus gaining higher profitability.