How do I Buy Maxim Mutual Funds?

How do I Buy Maxim Mutual Funds? thumbnail
Strengthen your investment portfolio by purchasing shares in a mutual fund.

Investment properties, such as mutual funds, help consumers achieve future financial goals such as saving for retirement or a college fund. Mutual funds are collections of stocks and bonds; when an investor purchases a mutual fund, the investor owns shares of the fund representing a portion of the entire stocks and bonds held by the fund. Maxim Series Funds offers over 50 different mutual funds; however, the funds cannot be purchased directly from the company.

Things You'll Need

  • IRA, variable insurance contract or college savings plan
  • Money
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Instructions

    • 1

      Purchase a variable insurance contract or participate in an individual retirement account, also known as an IRA, or a qualified college savings plan. Contact Maxim to see if your investment property qualifies.

      Maxim

      8515 E. Orchard Road

      Greenwood Village, CO 80111

      866-831-7123

    • 2

      Choose an investment strategy. According to the Wall Street Journal, dozens of strategies exist. For example, target date funds change over time as you near a financial goal, such as retirement. Consult a financial advisor to determine which investment strategy best suits your financial situation.

    • 3

      Review Maxim's portfolios and shareholder reports. Find a mutual fund that fits with your investment strategy.

    • 4

      Contact your broker or financial advisor and tell him which Maxim fund you want to purchase and how much of an investment you want to make. Remember that you cannot buy Maxim funds directly; you must participate in a program such as an IRA or a college savings program.

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