I. Money Market Funds

A money market fund invests in short-term securities such as Treasury bills. Money market funds usually offer a higher interest rate than bank savings accounts. These funds are designed to be more stable than stock or bond funds and provide steady dividend income on the investment amount, although the yield may fluctuate daily.

II. Fixed Income Funds

A fixed income fund is a mutual fund that invests in government and corporate bonds, CDs, and other fixed income investments that have been determined to be appropriate for its investment goal. Fixed income funds offer a convenient and affordable way to access the bond market, as well as other benefits, including monthly income, professional management, diversification, liquidity, automatic reinvestment of dividends, flexibility. Fixed income funds may invest in solely the securities from one country, or from many countries while focusing on a combination or one size of company small-cap, mid-cap or large-cap.

III. Balanced Funds

A balanced fund is a mutual fund that invests in a combination of money market, bonds, preferred stock, and common stock with the intention to provide both growth and income while avoiding excessive risk. A balanced fund is geared towards providing investors with a single mutual fund that combines both growth and income objectives, by investing in both stocks (for growth) and bonds (for income) looking for a mixture of safety, income, and capital appreciation.

IV. Equity Funds

An equity fund is a mutual fund that invests in stocks with minimal positions in cash, as opposed to bonds, notes, or other securities. The objective of an equity fund is long-term growth through capital appreciation, although dividends and interest are also sources of revenue. Their management styles usually fall within three categories value, growth and blend. Equity funds may invest in solely the securities from one country, or from many countries while focusing on a combination or one size of company small-cap, mid-cap or large-cap.

V. Sector Funds

Sector funds are specialized equity funds which concentrate on one industry (such as technology, financial services, or consumer goods) or focus on certain commodities (such as gold, gas, or oil). Selected by more experienced investors who are willing to pay close attention to the market, sector funds are less diversified than the broader market and hence are often more volatile.