How safe are mutual funds investment? This question is about Savings Accounts

How safe are mutual funds investment?

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Abel J, Member

@valuemindset • 02/20/23 This answer was first published on 02/20/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Depends on what you mean by safe. If you mean your funds will not lose value, then no because mutual funds typically fluctuate in value depending on stock market, economy, etc. Depending on how aggressive the fund is, it could go up or down in value accordingly.

But, if you mean they won't run away with your money, then yes its very unlikely they'll do that, especially if it's an established financial institution.

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