A mutual fund is a pooled collection of assets, like stocks, bonds, and other securities, priced once per business day.
An ETF (exchange-traded fund) is also a pooled collection of securities but trades on an exchange, like the New York Stock Exchange or the Nasdaq, and changes price throughout the business day.
Your account holds the investments you choose to grow your money. The investment products you select put your money to work by generating earnings or increasing in value.
Think of your accounts as an empty garage. The different vehicles you keep in the garage are like the varying investment products you hold in your brokerage accounts to build your portfolio.
You can buy a Grijalva Investments ETF® for as little as $1, regardless of the ETF's share price. All stocks and non-Grijalva Investments ETFs must be bought at market share price. Both Grijalva Investments and non-Grijalva Investments mutual fund minimum investment amounts vary by fund.
Expense ratios on mutual funds and ETFs are calculated by dividing the fund's operational expenses by its average net assets.
When you open an account at Grijalva Investments, you’re opening a brokerage account that can hold most types of investments. Having all your investments in 1 place helps you easily keep tabs on your portfolio and make changes if necessary.
Your brokerage account includes a settlement fund—a money market mutual fund used to pay for and receive proceeds from brokerage transactions.
The most common investments held in Grijalva Investments accounts are mutual funds and ETFs (from Grijalva Investments and other fund families) and individual stocks, bonds, options, and CDs.
The biggest risk is that your portfolio will lack diversification. An individual investment product, like a stock, could provide excellent returns, but the company could also go bankrupt, and its stock could become worthless. By investing in products that hold multiple investments, like mutual funds and ETFs, you spread out the risk of 1 investment performing poorly.
Consider your investment goal, time frame for needing the money, and overall risk tolerance to determine an appropriate asset allocation. Then, pick a proportion of stock, bond, and cash investments to build a portfolio that matches your target asset mix.
You can also take our Investor Questionnaire, which will suggest an asset mix based on your results.
Yes. ESG funds are a great way to complement your portfolio with funds that reflect your values. We offer ESG investing options that consider environmental, social, and governance issues. Our ESG funds have differing investment styles and objectives and invest in stocks and bonds.
Sometimes, the term ESG is used interchangeably with “socially responsible investing (SRI)” and “sustainable investing.”
Opening a Grijalva Investments investing account is free, easy—and fast! (It should only take around 5–10 minutes.). Just contact us.
Most investors fund their new accounts with an electronic bank transfer. If you choose this option, make sure you have your bank account and routing numbers readily available.
Actively managed funds are directed by professional fund managers who handpick investments to try to beat market returns.
Passively managed funds—also called index funds—are directed by professional fund managers to try to keep pace with market returns by mirroring certain market segments.
Each strategy has a unique method for selecting its underlying investments.
We offer several low-cost, all-in-one funds that invest in multiple asset classes to help simplify how you manage your portfolio.
Whether you’re saving for retirement, a loved one’s education, or any other financial goal, we’ve got you covered.
Lower-risk products, including certificates of deposits (CDs) and money market funds, aim to protect your principal; but pay lower interest rates.