We believe that establishing a mutual fund for the family is the first step in developing generational wealth. Joining our investment funds together into a single investing unit will make us a powerful force indeed. I know some of us are not currently saving; and some of us are saving and receiving poor returns on our investments.

So here is our opportunity to join forces and work together to achieve greater wealth and security. The 5GL Mutual Fund is the “proof of concept” that we can do this, that our family is ready to achieve this objective. Join us!  

• The 5GL Mutual Fund is permanently positioned on the Elnora Children (EC) Website.

• The 5GL Mutual Fund is funded the members regular deposits, capital gains and other earnings.

Note: All funds deposited to the 5GL Mutual Fund remains the property of the person making the deposit including their proportionate share of any Capital Gains or dividends paid, or interest earned; less their proportionate share of the fund’s losses, expenses and expenditures. While on deposit, funds of the 5GL MF Members are controlled and managed by the fund manager under the guidance of the Family’s Leadership Committee.  

• Family members can deposit to the fund via Pay Pal, or credit card from the Elnora Children Website.

• Family members can deposit to the fund via Cash App from your mobile phone.

• The 5GL Mutual Fund will be on deposit with the Associated Federal Employees Credit Union (AFECU). Dave Ponder is the account holder.

• A leadership committee will be formed from the participating members of the 5GL Mutual Fund.

• The Leadership Committee will make decisions relative to what we invest in, when we invest and how much of available funds to invest.

• The Leadership Committee will make decisions relative to supporting family members in need with mutual funds.

 

Critical Links:

The 5GL Mutual Fund

The 5GL Investment Portfolio

Accounting for the 5GL Mutual Fund

Make a deposit; enrich your future! 

Select one of the links below, of varying amounts, to make your deposit to the 5GL Mutual fund. The amount of the accumulated deposits will be determined, reported to the participating members and invested monthly in accordance with the directions of the Leadership Committee. Remember, all funds deposited to the 5GL Mutual Fund remains the property of the person making the deposit including their proportionate share of any Capital Gains or dividends paid, or interest earned; less their proportionate share of the fund’s losses, expenses and expenditures. Family members and friends are encouraged to deposit to the fund like it is their savings account. It can be!