What is a balanced fund?
Автор: Kalkine Media
Загружено: 2021-07-19
Просмотров: 3109
Описание:
A balanced fund is a hybrid fund defined as an investment fund with diversification across two or more asset classes. It is also known as an asset allocation fund. The amount of money invested in each asset class by the fund must generally stay within a specific range.
Balanced funds invest in various asset types, including a combination of low- and medium-risk equities and bonds.
Balanced funds invest in generating income as well as capital growth.
Balanced funds can provide capital appreciation and income to investors with a low-risk tolerance, such as retirees.
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