One of the many benefits of your enrollment in an HSA with Avidia Bank is that you can invest your excess funds once you have more than $1,000 in your HSA. Once enrolled in an investment account, there is a $2.50 monthly Investment Fee from Devenir, which is waived if your HSA cash account has a monthly average balance equal to or greater than $3,000.
Self-directed investing allows you to manage your HSA and make your own investment decisions. Although we will not make a recommendation or provide individual advice for your investment account, this information may assist you in determining the mutual fund asset classes that best matches your objectives. The mutual fund performance data quoted represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Refer to the prospectuses containing complete information, including most recent month-end total returns, management fee charges and expenses. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be more or less than their original cost. An investment in a money market fund is one insured by the FDIC or any other government agency. Although money market funds seek to preserve capital, it is possible to lose money by investing in these funds. All funds in your HSA are purchased at NAV without a front end load. Each fund company may charge a short-term redemption fee if held for less than the timeframe listed in the prospectus.
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