Retirement - Already Investing

Already Investing

Already Investing: Continue Managing Your Investments
Check In with Your Financial Adviser On a Regular Basis.
Make Sure Your Investment Portfolio Continues to Reflect Your Situation.
Time to Play "Catch-Up"?
Investing a Little At a Time On a Regular Basis Can Go a Long Way.

Already Investing: Continue Managing Your Investments.

Congratulations! You've made a commitment to invest for retirement, but that doesn't mean it's time to sit back and relax.

How much you invest, and how it's invested can make all the difference in whether or not you achieve your retirement goal. That's why you must take an active role in tracking your investment progress. These practical tips can help you along the way.

Check In With Your Financial Adviser On a Regular Basis.

Your financial adviser is your resource who can help you review your investments on a regular basis to help you keep on track. This is particularly important as your financial situation changes and retirement nears.

Make Sure Your Investment Portfolio Continues To Reflect Your Situation.

Your investment portfolio should change over time to reflect changes in your age, priorities, risk tolerance and time horizon. In general, the closer you are to retirement, the less aggressive (less invested in stocks and more in bonds and money market securities) your investment portfolio should be.

Regardless of how near or far retirement is, asset allocation is a strategy to rely on. It's the time-tested process of spreading investments across a mix of "asset classes," or financial markets-such as stocks, bonds and money market securities-that reflects your unique situation and goals. (Asset allocation does not assure a profit or protect against loss.)

The MTB Funds give you all the tools you need to allocate your assets among key financial markets. And if you are interested in a one-decision approach to a diversified investment portfolio, the MTB Managed Allocation portfolios give you access to a conservative, moderate or aggressive mix.

Due to their strategy of investing in other mutual funds, the Managed Allocation funds may incur certain additional expenses and tax results that would not be present with a direct investment in the underlying funds.

Time to Play "Catch-Up?"

Thanks to the 2001 Tax Relief Act, if you're age 50 or over, you can make an annual "catch-up" contribution to a Traditional or Roth IRA or your 401(k) plan in addition to your regular contribution.

Investing a Little At a Time On a Regular Basis Can Go a Long Way.

One of the easiest and surest ways to build your retirement portfolio is to "pay yourself first" and invest a set amount on a regular basis through a systematic investment plan with the MTB Funds.

With a systematic investment plan, you can purchase shares of the MTB Funds on a regular basis with money automatically debited from your savings or checking account. (You may purchase either Class A shares or Class B. An up-front load may be applicable on the purchase of Class A shares. Class B shares are subject to a Contingent Deferred Sales Charge. See the Funds' prospectus for further details.)

Systematic investing helps you take advantage of a simple concept called dollar-cost averaging, in which a set amount invested buys more shares when share prices are low, and fewer shares when prices are high. As a result, your average cost per share is lower than the average price per share.

Systematic investing does not assure a profit or protect against loss in declining markets. Because dollar-cost averaging involves continuous investment regardless of fluctuating price levels, investors should consider their financial ability to continue purchases during periods of low price levels.

MTB Investment Advisors, Inc., a subsidiary of Manufacturers and Traders Trust Company ("M&T Bank"), is the investment advisor to the MTB Group of Funds.

The MTB Group of Funds are available from M&T Securities, Inc. (member FINRA/SIPC), a broker-dealer subsidiary of M&T Bank, and other authorized broker-dealers. ALPS Distributors, Inc., which is not affiliated with M&T Bank, is the distributor of the MTB Group of Funds.

For more complete information, please download the funds' prospectuses available on this website or call 1-800-836-2211 for copies. You should consider the funds' investment objectives, risks, charges and expenses carefully before you invest. Information about these and other important subjects are in the fund's prospectus, which you should read carefully before investing.