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Why mutual funds?

Foresters Financial has long advocated investing in mutual funds as a key component in building a diversified investment portfolio.
Mutual funds are comprised of a basket of securities, such as equities, bonds and money market instruments,
and thus offer the benefit 
of built-in diversification. When you invest in a mutual fund, you essentially pool your money
with other investors 
who have similar goals and allow a professional asset management team to make
the underlying investment decisions about dozens of securities most people cannot afford to buy on their own. 

 

Please Note: Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal.

Our philosophy: taking the long-term view

Today, too many individuals and investment firms concentrate solely on short-term performance. At Foresters Financial, we've always stayed focused on the long term. For more than 80 years—through several wars, recessions, and countless bull and bear market cycles—we've consistently provided guidance to help our clients reach their long-term financial goals.  

Our conservative approach to investing means that regardless of what goal you're saving for—owning a home, sending a child to college, or funding your retirement—we encourage a long-term approach to investing. This, in fact, is the timeframe our mutual fund portfolio managers have in mind when they choose investments for the funds they manage. Here are some of the other goals we follow in managing our funds:  

We respect risk at all times: Our appreciation for risk underlies all of the investment decisions we make.

We take fund performance very seriously: While we strive to have as many of our funds as possible in the upper half of their respective peer groups, we don't take on the risks that are necessary to be at the top of those groups.

We're willing to miss the biggest gains in bull markets: We don't think it's prudent to take the risks that are necessary to achieve those gains.  

We seek lower volatility for our funds: Volatility is the enemy of long-term investors. At Foresters Financial, we  believe that using a long-term strategy is the best way to achieve your financial goals. To help you stay on track to reach those goals, we try to minimize volatility as much as we can.

What types of mutual funds are available?

Foresters Financial offers the First Investors family of mutual funds which contains a wide variety of fund options to meet your short-term and long-term investing needs. You can use individual funds or a diversified portfolio of funds to meet your particular goals and objectives.  

Our mutual funds are divided into two categories: core and non-core. Core funds are a building block in the foundation of your complete investment program. They generally carry a moderate level of risk and are well diversified. Examples of core funds include: Growth & Income, Total Return, and Investment Grade

Non-core funds carry a higher degree of risk, but can be a good way to diversify a portfolio or to achieve a specific investment objective. International and Global are non-core funds that can give you access to growth opportunities outside the United States.

Whether you're a novice or an experienced investor, whether your goal is to provide a comfortable retirement, fund a college education, increase current income, save for a new home or provide tax savings, a Foresters Financial registered representative can help you decide on an appropriate mix of core and non-core funds for your investment portfolio.

Equity, or stock funds, invest primarily in companies of varying sizes (small caps, mid-caps, large caps), and can be domestic, international, or both. On balance, equity funds give you the highest potential rate of return, as well as the highest level of risk. First Investors equity funds: Covered Call Strategy, Equity Income, Global, Growth & Income, Hedged U.S. Equity Opportunities FundInternational, Long Short FundOpportunity, Real Estate, Select Growth and Special Situations.
Taxable bond funds invest in securities issued by corporations and by the U.S. and foreign governments, including government agencies, as well as mortgage-backed bonds and asset-backed bonds. The interest income from these bond funds is taxable at both the federal and state level. Taxable bond funds can be the best choice if you seek current income. First Investors taxable bond funds: Limited Duration High Quality Bond, Government, Investment Grade, Floating Rate, Strategic Income, International Opportunities Bond and Fund For Income.
Also known as "Balanced Funds," these types of portfolios are a mix of stocks, bonds and cash, and are a suitable option if you want total return and diversification. First Investors mixed asset allocation funds: Total Return and Balanced Income.
These funds mainly invest in securities issued by municipalities to finance public projects such as bridges, schools and highways. The primary benefit of investing in municipal bonds is their tax-exempt status. Depending on where you live, you may be able to invest in municipal bond funds that are "triple tax exempt" (exempt from local, state and federal government taxes). First Investors municipal bond funds: Tax Exempt Income and Tax Exempt Opportunities, plus these 12 single state funds: California Tax Exempt, Connecticut Tax Exempt, Massachusetts Tax Exempt, Michigan Tax Exempt, Minnesota Tax Exempt, New Jersey Tax Exempt, New York Tax Exempt, North Carolina Tax Exempt, Ohio Tax Exempt, Oregon Tax Exempt, Pennsylvania Tax Exempt and Virginia Tax Exempt.

Money market funds invest mainly in securities known for their high credit quality, and therefore tend to have the lowest level of risk as well as the lowest level of potential return on your money.

An example is the First Investors Government Cash Management fund. This fund attempts to maintain a constant share price of $1.00, however, this share price is not guaranteed. 

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