Belgian-Alliance Credit Union provides access to their members a wide variety of Mutual Funds through Credential Asset Management Inc., a subsidiary of Aviso Wealth Inc. Mutual Funds are pools of money contributed by other investors with similar investment objectives. By investing in Mutual Funds, investors can access greater diversification as well as professional investment management which is generally only available to the wealthier investor.

A professional manager selects the fund's holdings and will invest in bonds, equities, cash, derivatives or other securities, or a combination of, depending on the objectives of the fund. Mutual Fund values vary from day to day as a result of economic conditions and interest rates. As a result, the value of your Mutual Funds may go up and down, resulting in an increase or decrease in your investment.

Investors in a Mutual Fund share the income and expenses, gains and losses that the fund makes in its investments proportionally to the number of units owned. The value of the investment is only realized when the units held by the investor are redeemed.

Mutual Funds are offered through Credential Asset Management Inc.