Merrill A Bank of America Company Merrill A Bank of America Company Open an account Login Open Menu bar Find answers to common questions at MerrillSchedule an Open an accountwith Merrill Mutual Funds Select toChoose and open an account Mutual Funds can offer investors: Select toSee our comprehensive pricing Clear explanations tab 1 of 3 selectedInvesting ideas tab 2 of 3Powerful tools tab 3 of 3 Gain a comprehensive understanding of a mutual fund with Fund Story, a curated and engaging experience that empowers you to pursue your investing goals with clarity and confidence. View the holdings making up a fund, monitor performance, evaluate third-party ratings and see how fees are assessed as well as their impact on returns now and over time. With all this information at your fingertips, it's easy to analyze funds anddecide which ones work best foryou. Previous slideNext slide tab 1 of 3 selectedtab 2 of 3tab 3 of 3 The Merrill screening process takes the guesswork out of finding quality funds for investors with a self-directed account. Taking risk, cost and performance measures into account, each quarter we highlight 3-5 funds in each category. Select toExplore funds Select toChoose and open an account or call us at 888.637.3343 Find your preferred way to invest, whether you're interested in simple stock trades or advanced options and margin trading. Select to learn more aboutStocksSelect to learn more aboutETFsSelect to learn more aboutFixed IncomeSelect to learn more aboutOptionsSelect to learn more aboutMargin Trading View all choices Footnote Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets. Footnote Other fees may apply. Sales of ETFs are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs and mutual funds. To learn more about Merrill pricing, visit our Pricing page. Footnote3 When you purchase No Load, No Transaction Fee funds (NTF) or Load Waived funds, you will not pay loads, transaction fees or commissions. For No Load, Transaction Fee funds (TF) you will be charged a transaction fee of $19.95 per online purchase, sale or exchange or $29.95 if representative assisted. A Merrill short term redemption fee of $39.95 is charged on redemptions or exchanges of NTF funds that are held less than 90 days. There are costs associated with owning a mutual fund, such as annual operating fees and expenses. This and other important information are included in the prospectus. For more information about investing in mutual funds at Merrill, please read the Mutual Fund Investing at Merrill Lynch pamphlet (PDF) or consult our glossary. MAP5529348-04282024 Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets. Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF). Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp"). Merrill Lynch Life Agency Inc. (MLLA) is a licensed insurance agency and wholly owned subsidiary of BofA Corp. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Privacy|Security|Glossary|Advertising practicespopupAdvertising Practicespopup © 2024 Bank of America Corporation. All rights reserved. 4326521
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FAQs
Can you buy mutual funds through Merrill? ›
Merrill Lynch offers a comprehensive range of mutual fund investment options that include more than 5,400 funds from 270 mutual fund companies.
How do I invest in mutual funds online? ›- Buying the MF units directly from the AMC.
- Buying MF units from the AMC registrar i.e. CAMS or KFintech.
- Buying MF units through your broker and holding in demat account.
- Buying through aggregators like Groww, Kuvera, Scripbox etc.
You could invest in a Direct Plan online through the websites of the respective mutual funds or via online platforms of stock exchanges platform or Mutual Funds Utility (MFU) or other various digital channel. There are also a few online portals which offer a facility to invest in Direct Plans.
What kinds of investment options does Merrill Lynch offer? ›- Overview.
- Online Brokerage Account.
- Stocks.
- Options.
- ETFs.
- Mutual Funds.
- Fixed Income.
- Managed Portfolios.
Merrill Edge is a good choice for long-term investors, especially those who already have an account with Bank of America. The Preferred Rewards program offers discounts and perks that increase with your balance—so you could benefit by having deposit and investment accounts under the same roof.
Are my investments safe at Merrill Lynch? ›Any assets you hold in your Merrill Cash Management Account ® (CMA account) are protected by the Securities Investor Protection Corporation (SIPC). The SIPC provides up to $500,000 of account protection per client, inclusive of up to $250,000 for cash.
What is the best platform to invest in mutual funds? ›- Zerodha Mutual Fund App.
- Groww.
- ET Money App for Mutual Funds.
- Paytm Money App for Mutual Funds.
- Kuvera App for Mutual Funds.
- myCAMS App for Mutual Funds.
- 5Paisa.
- Piggy- Mutual Funds App.
- Aditya Birla Sun Life Banking & Financial Services Fund. ...
- UTI Banking and Financial Services Fund. ...
- Bandhan Financial Services Fund. ...
- DSP Banking & Financial Services Fund. ...
- HDFC Banking & Financial Services Fund. ...
- Kotak Banking & Financial Services Fund. ...
- Mirae Asset Banking and Financial Services Fund. ...
- Quant BFSI Fund. Unranked.
Groww and Zerodha are the two most recommended platforms for investing in mutual funds in India. Groww has started its journey as a mutual fund platform itself. Both brokers do not charge account opening fees and allow customers to invest in direct mutual funds for free, with no brokerage fees.
Is it better to buy mutual funds directly? ›As the regular fund has a higher expense ratio due to the commission and brokerage involved, the NAV of the regular schemes is generally lower than the direct plans since there is no commission or brokerage in direct plans. Returns: Direct plans offer higher returns due to a lower expense ratio than regular funds.
Can I buy mutual funds without a financial advisor? ›
Decide where to buy mutual funds
You can also work with a traditional financial advisor to purchase funds, but it may incur some additional fees. Most investors opt to buy mutual funds through an online brokerage, many of which offer a broad selection of funds across a range of fund companies.
- Pros: Lower costs (no commission), potentially higher returns due to lower expense ratio. Good for DIY investors who can research and make their own decisions.
- Cons: Requires more research and investment knowledge. No guidance from a financial advisor.
In the last 30 Years, the Merrill Lynch Edge Select Moderately Aggressive Portfolio obtained a 7.98% compound annual return, with a 11.13% standard deviation.
How much does Merrill Lynch charge in fees? ›For equity UITs with a 24-month term, you pay a sales charge of 2.75% to the UIT issuer, of which Merrill receives 2.00%. For fixed income UITs, you pay a sales charge between 2.50% – 3.50%, depending on the tenor, of which Merrill receives between 1.60% – 2.60%.
Is Merrill Lynch better than Morgan? ›They both charge fees for their services, although Merrill Lynch's fees are more transparent. Both firms offer many options and have a large team of financial advisors to provide customer service, though Merrill Lynch is more accessible to individual investors than Morgan Stanley.
Can I buy mutual funds in my brokerage account? ›A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
Can I invest in mutual funds through bank account? ›Mutual funds can be purchased in any investment account, such as an IRA, which can be opened with many different financial institutions, including banks.
Does Bank of America offer mutual funds? ›Your Financial Solutions Advisor will provide specific investment recommendations tailored to your needs from Merrill Edge's wide range of stocks, bonds, ETFs, well-known mutual funds, annuities and other investments.
Can I buy mutual funds at my bank? ›Mutual funds offered at banks are no different from those sold directly by investment companies or by salespeople at brokerage firms.