If you plan to begin alternative investing with a self-directed IRA or other account, you can have your account open and funded, even if you don’t have an investment lined up yet. That way, when an opportunity does materialize, you’ll be ready to act on it.
But what if you want your savings to work for you while you’re waiting to find that real estate or other alternative investment?
It is possible to invest in mutual funds with your Equity Trust account. With the account management system myEQUITY
, investors can choose which mutual funds they want to invest in from their internet-enabled device.
Here are the three easy steps to investing in mutual funds within your Equity Trust account:
Log in at www.myEQUITY.com and navigate to Investment > Mutual Funds to begin the step-by-step Mutual Fund Wizard. Complete the wizard to submit your request to purchase mutual funds
Equity Trust will review your transaction
Transactions will settle on the next day (the trade date plus one – “T+1”)
The first mutual fund purchase in your Equity Trust account does require some additional set-up and will take 48 hours for Equity Trust to review and process. Additional purchases in a fund will typically be completed in one business day.
The Mutual Fund Wizard provides you with the option to easily buy and sell mutual funds, all directly within your Equity Trust IRA. As always, please be sure to discuss your specific needs and circumstances with a Financial Advisor to determine which funds may be best suited for your needs and review each fund’s prospectus and statement of additional information in detail*.
The online wizard is a simple, straightforward way to invest in mutual funds with your self-directed IRA.
For any questions regarding the process to invest in or manage mutual fund assets, please contact our Client Services Team at 1-888-382-4727, option 2, between 9 a.m. – 6 p.m. ET, Monday through Friday.
*Fees may apply to trades. Refer to your fund’s Prospectus for more information.