Mutual Funds Accounts

An Individual account is opened solely in your name, giving you full control over investment decisions and management. A Joint account, on the other hand, is shared with one or more trusted partners, such as a spouse, family member, or business associate. Joint accounts allow all account holders to make investment decisions and contributions.

Self-directed brokerage accounts through Saturna Brokerage Services (SBS) offer you greater control over your investments by allowing you to buy and sell a wide range of securities, including stocks, bonds, non-affiliated mutual funds, and other investment options. This type of account is ideal for investors who prefer to actively manage their portfolios.

Transactions in SBS accounts are subject to the SBS commission schedule (link to SBS commission schedule).

No, you cannot open a self-directed brokerage account online. At this time, we only offer online account opening for accounts purchasing Saturna Capital advised funds. 

Yes, Mutual Fund Accounts are taxable accounts. Investors must be willing to pay yearly capital gains and/or income tax on realized returns and distributions.

Investing in mutual funds involves ongoing expenses that shareholders pay indirectly, such as management fees and operational costs. These expenses can impact your overall returns. For a detailed breakdown of these costs, please refer to the fund's prospectus or summary prospectus. Saturna offers a comparison table of its mutual fund expenses here (link to mutual fund expenses table).

Unlike retirement or tax-deferred accounts, Saturna’s Mutual Fund accounts do not have contribution limits or timing restrictions. This means you can invest as much as you want, whenever you want, providing greater flexibility in managing your investments. However, individual funds may have minimum investment requirements, as detailed in their respective prospectuses.

Minimum investment amounts vary depending on the mutual fund you choose. For precise details, please refer to the Fund's Prospectus or Summary Prospectus. Saturna Capital also offers lower minimums for certain account types, including Individual Retirement Accounts, Employer Plans, Health Savings Accounts, and Education Savings Accounts.