Putnam investments have assisted its individual investors for years, always finding ways of improvement for the betterment of their customers. Investments can benefit people in all stages of life and are easily attainable through Putnam. Putnam investments offer mutual funds, annuities, college savings, retirement and management accounts.
Mutual Funds
Mutual funds of Putnam Investments are organized into four supportive categories: growth, blend, value and income. Each category is developed for specific aspirations and goals. Growth funds are cultivated to produce above-average returns for investors who are not afraid to attempt more risk. Putnam Investments also have blend funds designed to combine both growth stocks and value stocks for companies considered to be worth more than their stock prices indicate. Blend funds are intended to give investors the opportunity to build up their funds for the greatest possible rewards over time. Value funds in Putnam Investments are those in which you would invest in stocks that are low in relation to your company’s earnings, dividends and growth potential. And finally, Putnam Investments’ income funds are meant for investors seeking a steady stream of income. Income funds are designed to invest in interest-paying bonds and sometimes dividend-paying bonds.
Annuities
Annuities are regular payments made for life insurance and the protection of individuals, families, and/or companies. Putnam Investments provide annuity suppliers that will help in any area needed. The Hartford Financial Services Group, Inc. and Allstate Life Insurance Company work together with Putnam Investments to supply investors with the proper coverage they need concerning their accounts and their lives.
College Savings
Putnam Investments offer a variety of options concerning college savings. Putnam Investments CollegeAdvantage allows customers to have complete control over their account and do not have to pay any income taxes on accumulation or authorized withdrawals. Coverdell Education Savings Account is designed for elementary, secondary, or post-secondary education expenses. The Uniform Gifts to Minor Acts (UGMA) and the Uniform Transfers to Minor Acts (UTMA) of Putnam Investments allow the transfer of resources to an account for the benefit of a minor – a person underage to open his or her own account - and can be used for education means.
Retirement
Putnam Investments provide retirement plans that satisfy every kind of investor. As an individual, Putnam Investments offer Traditional and Roth IRAs. Small businesses can benefit from SIMPLE, SEP, or individual 401(k) plans. Putnam Investments will also help you understand how 401(k)s and 403(b)s can correspond with your overall retirement preparation. And if you change jobs, Putnam Investments can assist in the consolidation and simplification of your retirement plan with Rollover IRA.
Managed Accounts
Putnam Investments offer management of accounts of accumulated assets, trusts, corporations, and non-profit organizations. With close supervision, investors can organize their portfolios to their best benefit. Putnam Investments provide a variety of tools and advantages for its customers, including direct ownership of securities, flexibility to limit the buying of specific securities, management of tax needs and notices, advice and guidance from qualified Putnam Investments advisors.
By Monica Drusch