Self Directed Brokerage Account
MNDCP offers a self-directed brokerage account through TD Ameritrade1 for experienced investors who may want to direct contributions to a wider variety of investment options other than those available in the MNDCP core investment line-up.
The self-directed brokerage account allows you to invest in most publicly traded mutual funds. Many of the mutual funds are offered as "no-load" or "low-load," meaning they do not incur an additional sales charge to purchase or redeem, or the sales charge is considered to be below normal when compared to other mutual fund sales charges.
There is an additional $30 annual fee to use a TD Ameritrade brokerage account.
To open a TD Ameritrade brokerage account, log into your Account Online. Once logged in, click the Investments tile and then the Self-Directed Accounts tile.
Socially Responsible / Fossil Free Investments
A TD Ameritrade1 self-directed brokerage account offers a variety of socially responsible and fossil fuel free mutual funds.
Socially responsible investing is an investment strategy that seeks to consider both financial reward and social good. In general, fossil fuel free investments do not include companies involved in the extraction, refining, or power generation from coal, oil, natural gas, and nuclear power.
The financial service community, especially those involved in the area of socially responsible investing, provide many resources for researching these investments. Once you have researched and chosen your mutual fund of choice, open a TD Ameritrade brokerage account to begin investing.
1 Brokerage services provided by TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and the Toronto-Dominion Bank. Used with permission. Additional information can be obtained by calling TD Ameritrade at 1-866-766-4015. TD Ameritrade and GWFS Equities, Inc. are separate and unaffiliated.