Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c.
Question:
Briefly describe each of the following types of mutual funds:
a. Aggressive-growth funds
b. Equity-income funds
c. Growth-and-income funds
d. Bond funds
e. Sector funds
f. Socially responsible funds
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Mutual funds come in a wide variety a Aggressive growth funds are highly speculative funds that concentrate on obtaining large capital gains These fun...View the full answer
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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