Mutual Funds
- Over 11,000 open-end mutal funds are available through Trading Direct / Penson Financial Services. A complete list may be viewed in Excel or Adobe Reader (see Master List below).
- If interested in taking our a loan using your mutual fund shares as collateral, or margining them to buy additional mutual fund shares, please click here.
- Mutual fund offerings are seperated into three categories: Loads, No-Loads, NTFs.
| Mutual Fund Category Classifications: 1. Load Funds: A front-end or back-end load, which is determined by the prospectus is charged. 2. No-Load Funds: A $21.95 commission is charged to buy or sell. 3. No-Transaction-Fee (NTF) Funds. There is no charge to buy. There is no charge to sell, subject to a 30-day minimum holding period. If the 30-day period is not met, a $50 short-term redemption fee may be applied to the sale. |
To check availablity, classification, or other information on a specific mutual fund, including charges & expenses which may be imposed directly by the mutual fund company, check the Mutual Fund Master List.
| The Mutual Fund Master List is available in xls and pdf format: Microsoft Excel Spread Sheet format {3.17MB, xls} Adobe Reader pdf format {907KB}. |
Note: Trading Direct's minimum purchase amount is $100, even if an individual fund has a lower stated minumum. If you are unable to open either file, please contact us. It will be helpful if you know the symbols before calling.
Data is believed to be accurate as of the publish date of the "Master List" spreadsheet, but is subject to change. For more complete information, including investment objectives and risk factors, and to confirm any charges or expenses on a specific mutual fund, contact the particular mutual fund company to obtain a prospectus. Read it carefully before investing.
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For an individual, joint, or custodial account, or for a Traditional, Rollover, or Roth IRA, click below to submit your application online.
For all other account types please visit our Document Center.
Questions? Contact us.