How Do You Invest In USAA Mutual Funds?
When learning how to invest in USAA mutual funds, it helps to have specific goals in mind. USAA members benefit from trained USAA fund advisors who guide them. USAA offers 18 mutual funds that cover a variety of goals and even industry sectors. In general, USAA mutual funds are no-load funds with reasonable operating expenses, and members are able to invest just $20 a month to get started. Find out whether you are eligible to invest by visiting the Eligibility section of the USAA website. Confirm your membership and then register with the USAA website. Call USAA and ask to consult with one of USAA’s investment advisors. You may also submit this request through their website. Tell the investment advisor about your goals and let him or her suggest the appropriate mutual funds. Order the prospectus for each fund and read each one carefully. Check each prospective fund’s risk rating at the Morningstar website. Use your USAA investment advisor to help you make your investment.