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What is a balanced mutual fund?
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19th Nov 2009 by Daniel Cross, ChFC
A balanced mutual fund is one which splits their investment strategy between equities and fixed income products. It may not be an even 50 -50 split, but it is generally close. Balanced funds are useful for conservative investors as they don't need multiple accounts to manage their money, however, it is rendered somewhat redundant once an investor branches out seeking more diversification.
A balanced mutual fund is one which splits their investment strategy between equities and fixed income products. It may not be an even 50 -50 split, but it is generally close. Balanced funds are useful for conservative investors as they don't need multiple accounts to manage their money, however, it is rendered somewhat redundant once an investor branches out seeking more diversification.
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18th Nov 2009 In Mutual Funds
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