How to Invest in Highmark Mutual Funds

Posted by Anonymous , 9/4/2007 Tags:InvestHighmarkMutualFunds
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How to Invest in Highmark Mutual Funds

Introduction

HighMark Capital Management, Inc., a subsidiary of Union Bank, manages the Highmark mutual funds. This fund family offers approximately 30 different funds. Follow these steps to invest in HighMark mutual funds.

Instructions

Difficulty: Moderate

Study HighMark Mutual Funds

Steps

1

Step One

Download a prospectus for HighMark mutual funds from the company's Web site (see the Resources section below), or call (800) 433-6884. Read it carefully to learn about the basic types of funds HighMark offers as well as the investment objectives and strategies of the funds.
2

Step Two

Choose the type of account you want to open -- an individual account, a joint account or a trust account. Contact HighMark Funds Investor Services at (800) 433-6884 with any questions you have about opening an account or for instructions on opening an IRA account.
3

Step Three

Download an account application from the HighMark Web site.
4

Step Four

Fill out all relevant sections of the account application, and write a check for the amount of your investment.
5

Step Five

Mail your account application and check to HighMark Funds at P.O. Box 8416, Boston, Massachusetts, 02266-8416.

Choose HighMark Mutual Funds to Invest In

Steps

1

Step One

Choose from among the variety of funds that HighMark offers: four moderate allocation mutual funds; four intermediate-term bond mutual funds; large-blend, large-growth and large-value mutual funds; and small-value, small-growth mutual funds.
2

Step Two

Decide how to allocate your investment funds. The HighMark Funds family contains more than 30 different mutual funds and offers shares into two different classes, A and C (read the prospectus for more information on share classes). You can use a single account application form to invest in a variety of funds, so decide how much you would like to invest in each.

Overall Tips & Warnings

  • Call HighMark at (800) 433-6884 to open an Asset Allocation Account.
  • To open an account on behalf of a corporation or trust, you must provide complete identifying information for each person who is authorized to conduct account transactions.
  • You can use the HighMark Automatic Investment Plan to regularly invest small amounts in the funds of your choice.

Overall Things You'll Need

  • Prospectus
  • Account application
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