How to Invest in AIM (Formerly INVESCO) Mutual Funds

By eHow Personal Finance Editor

Rate: (0 Ratings)

INVESCO is a brand name for a larger company known as AMVESCAP PLC. Mutual funds previously identified under the name INVESCO now sell under the AIM brand. Follow these steps to investigate the AIM family of mutual funds.

Instructions

Difficulty: Moderate

Things You’ll Need:

  • Investment professional or service
  • Prospectus

Invest in AIM Mutual Funds (Formerly INVESCO)

Step1
Contact a financial adviser or investment professional to purchase AIM/INVESCO mutual funds.
Step2
Be aware that an investment adviser may charge you additional fees to purchase mutual funds on top of those charged by the mutual fund itself.

Choose a Financial Adviser

Step1
Visit the AIM Web site (see the Resources section below) to request the name of a financial adviser by email.
Step2
Evaluate the investment adviser by gauging how well he or she understands your particular investment goals and needs. Tell the adviser exactly what your financial goals are (for example, to save for retirement, a down payment on a home or a child's college expenses) and estimate when you plan to meet those goals.
Step3
Ask for complete information on the adviser's compensation. If the adviser receives commissions or fees from AIM, make sure you understand whether this will have any effect on the adviser's recommendations.

Research on Your Own

Step1
Go to the AIM Web site and download a prospectus for a fund.
Step2
Investigate the relative performance of the fund you are considering. Visit a financial Web site to learn about the fund's performance or visit the AIM Web site.
Step3
Study the effect of fees on your investment. Read the prospectus to understand the fees you will pay for a particular fund.

Tips & Warnings

  • Assess your risk tolerance before you invest in any mutual fund. There is always the possibility of losing your principal (the money you originally invested) when you invest in a mutual fund.
  • Be aware that INVESCO and AIM settled a market-timing lawsuit in the mid-2000s. The suit alleged that the companies allowed certain privileged investors to engage in market timing that enriched these investors at the expense of other legitimate shareholders in the fund. The companies agreed to certain policy reforms as a result.

Post a Comment

POST A COMMENT

Request a New How-To Article

Looking for more How To information? Chances are there’s an eHow member who knows how to do what you’re looking to do. Submit an article request now!

eHow Article:  How to Invest in AIM (Formerly INVESCO) Mutual Funds

eHow Personal Finance Editor

Related Ads

Manage a Regional Fund

How to Manage a Regional Fund
By: eHow Personal Finance Editor


Distinguish Among Different Mutual Funds

How to Distinguish Among Different Mutual Funds
By: eHow Personal Finance Editor


Invest in Nanotech Mutual Funds

How to Invest in Nanotech Mutual Funds
By: eHow Personal Finance Editor


Invest in Ethanol Mutual Funds

How to Invest in Ethanol Mutual Funds
By: eHow Personal Finance Editor


Invest in Stratton Mutual Funds

How to Invest in Stratton Mutual Funds
By: eHow Personal Finance Editor


Personal Finance

mpcussen
Meet Mark Cussen eHow’s Personal Finance Expert.