DEVENIR Mutual Fund Selection Investment Account

With the DEVENIR Mutual Fund Selection investment account, you can easily invest your HSA funds in a pre-selected group of no-load and load-waived mutual funds covering a variety of fund families and asset classes.

The DEVENIR Mutual Fund Selection investment account benefits include:

  • No trading fees for pre-selected group of mutual funds
  • No HSA minimum balance required to begin investing your assets
  • Integrated, online access to trading, balance information and much more through HSA Bank's Member Website
  • Access to independent research tools, such as fund prospectuses and Morningstar® reports, to make informed trades
  • Establish future investment elections to automate investments
  • Quarterly performance review of mutual funds by Devenir, an SEC registered investment advisor

Start putting your investment strategy into action and open a DEVENIR Mutual Fund Selection Investment Account. Simply log into the Member Website.


HSA Bank does not provide investment services; investment services are provided by DEVENIR. DEVENIR or its recordkeeping partner will deduct an annual fee of $24 from the investment account balance, prorata. Investment accounts are not FDIC insured, may lose value and are not a deposit account or other obligation of HSA Bank. Investment accounts are not bank guaranteed or guaranteed by any federal government agency. Self-directed investment accounts are the sole responsibility of the account owner. HSA Bank does not offer investment advice. Carefully weigh the advantages and disadvantages of investing your HSA funds before doing so. Investment returns and principal value will fluctuate and investors’ shares, when sold, may be worth more or less than their original cost. DEVENIR and HSA Bank are separate, unaffiliated companies and are not responsible for one another’s services, policies and information. HSA Bank and other business entities receive compensation for providing various services to the funds, including distribution (12b-1) and service fees. Your ability to replace losses in the investment account may be limited by the annual contribution limits of your HSA.

Morningstar® is a registered trademark of Morningstar, Inc.

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