Open-end mutual funds continuously issue and redeem shares based on investor demand. Their value is determined by the fund’s net asset value (NAV), recalculated at the end of each trading day. These funds offer liquidity and flexibility, making them a popular choice for many investors.
Diversified Investment Solutions for Every Financial Goal
Navigating today’s investment landscape requires experience, discipline, and personalized guidance. At Northland Securities, we help clients build balanced portfolios using a wide range of professionally managed mutual funds and unit investment trusts (UITs). Whether you're seeking conservative income or long-term growth, our Financial Professionals work with you to select investment options that align with your goals, risk tolerance, and time.
Open-End Funds
Closed-End Funds
Closed-end funds raise capital through an initial public offering (IPO) and then trade on the open market like stocks or ETFs. Their market price may differ from the NAV due to supply and demand. Many closed-end funds use leverage to enhance returns, which can increase both potential gains and risks. Each fund is unique, and careful evaluation is essential.
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Unit Investment Trusts (UITs): Structured Simplicity
UITs are fixed portfolios of stocks or bonds selected to meet specific investment objectives. Unlike mutual funds, UITs are not actively managed; the portfolio remains unchanged throughout the trust’s life. This buy-and-hold structure can help reduce turnover and minimize short-term capital gains.
UITs are well-suited for investors seeking:
- Defined holding periods (typically 12 months to 30 years)
- Predictable investment outcomes
- Tax-efficient strategies with deferred capital gains
Northland offers a variety of equity and fixed income UITs to complement your broader investment strategy.
Important Disclosures
The presentation of this material is neither an offer to sell nor a solicitation of an offer to purchase any investment or security. These investments are offered by prospectus, which provides detailed information, including investment specifics, fees, and expenses. This material must be read in conjunction with a prospectus in order to fully understand all the implications and risks of an investment. Individual suitability should be determined before purchasing any investment. Some specialized investments are not suitable for all investors; an investment profile will help to determine appropriate portfolio options. A diversified portfolio is no guarantee of safety of principal and investments are subject to fluctuation and possible loss of principal.
Mutual Funds are offered by prospectus, which provides information including investments, fees, and expenses.