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Investing
early is a simple but powerful investment strategy.
The earlier you start, the longer your money has to
grow. While many of us find it difficult to set much
aside at the beginning of our careers, it is important
to remember that investing even a little bit early in
your career may offer great rewards over the long term.
Consider the following example:
Kim and Jeffrey began working the same year. Kim started
investing early, opening an account with $1,500 and
investing $150 a month for the first 15 years of her
career. After 15 years Kim stopped making additional
monthly investments, but left her money invested until
her retirement 15 years later. Jeffrey waited to start
investing until he had been working for 15 years. He
opened his account with $1,500 and in order to make
up for lost time, he invested $300 a month - twice as
much as Kim invested each month. Jeffrey continued his
monthly investing for 15 years until he was ready to
retire. Both Kim and Jeffrey earned 8% annually on their
investments. At retirement, Kim had invested $28,500
that had grown to $186,314. Jeffrey had invested $55,500
and his investment had grown to $107,754. Jeffrey invested
nearly twice as much as Kim, yet because she started
investing so much earlier, she finished with $78,560
more than he did!
This example is hypothetical.
Performance shown does not represent the performance
of any specific investment. Westcore believes the assumed
8% annual return to be a reasonable growth rate, but
no assurance can be given that this rate will be achieved.
You may make more or less than the accumulation shown,
depending on the investment you select and actual profits.
This example does not reflect the deduction of taxes
that a shareholder would pay on Fund distributions or
the redemption of Fund shares.
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The account minimum to
open a Westcore account is usually $2,500. But Westcore
offers a unique opportunity for investors participating
in the Automatic Investment Plan to open a new account
with a low account minimum of $1,000 and just $100 a
month.
So, put your plan into motion and start investing today!
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Everything you need to
start investing with Westcore is right here:
Get the
facts about Westcore with a Westcore
Funds Prospectus.
Open a new account with a Westcore
Account Application.
Learn more about Westcore IRAs with a Westcore
IRA Brochure.
Open an IRA account with a Westcore IRA
Application and Transfer Form.
Find out about Westcore Coverdell
Education Savings Accounts in this brochure.
Open a Coverdell Education
Savings Account with Westcore.
Add an Automatic Investment Plan to your existing
Westcore account with an
Account Options Form.
An investor
should consider investment objectives, risks, charges
and expenses of the Fund(s) carefully before investing.
Click here for a prospectus,
which contains this and other important information.
Please read the prospectus carefully before investing.
Westcore
Funds are distributed by ALPS Distributors, Inc.
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