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Why mutual funds?

A mutual fund is an investment vehicle made up of a large portfolio of stocks, bonds or other securities managed by a professional portfolio manager.

Mutual funds offer several important benefits:

  • Professional management. Mutual funds generally employ full-time portfolio managers to make investment decisions based on thorough research, independent analysis and forecasts of general economic and market trends.
  • Diversification. Mutual funds generally seek to minimize the risk of investing in stocks or bonds by diversifying fund holdings. While diversification does not offer protection against overall market swings, it does help protect against the poor performance of a single stock or bond.
  • Liquidity. Mutual fund investors can liquidate all or any portion of their shares at any time, in most cases with a simple phone call. Of course, since the investment return and principal value of a mutual fund investment will fluctuate, the value of your shares at the time of redemption may be more or less than their original cost.

Learn more
In our Understanding Mutual Funds brochure

First Investors Funds
Foresters Investment Management Company Inc. (FIMCO), the investment adviser to the First Investors Family of Funds, offers a range of actively managed mutual funds across asset classes. 

FIMCO’s approach to investing seeks to consistently deliver solid, long-term performance, while mitigating risk through a time-tested and disciplined investment process. 

Our family of mutual funds is comprised of a wide variety of options to help meet your short- and long-term investing needs. Individual funds or a diversified portfolio of funds are available to help you achieve your financial goals.

The power of professional guidance
Our Financial Representatives offer personalized service combined with a time-tested approach and fresh thinking to help you reach your financial objectives.

 

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 StrategyEquity IncomeGlobalGrowth & IncomeHedged U.S. Equity Opportunities FundInternationalOpportunityPremium IncomeSelect 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 BondInvestment GradeFloating RateStrategic IncomeInternational 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 fund: Total Return.
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 four single state funds: California Tax Exempt, New Jersey Tax Exempt, New York Tax Exempt and Oregon 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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