Question: 1. The main difference between asset allocation mutual funds and balanced funds is that the asset allocation fund: a. b. C. d. is trying

1. The main difference between asset allocation mutual funds and balanced funds is that the asset allocation fund: a. b. C. d. is trying to balance growth equities with income-producing equities is trying to balance interest income with dividend income. It is not trying to balance the asset mix does not have to hold a specified minimum percentage of the fund in any class of investment is not really a specific fund, but a plan that allows the investor to move his money from fund to fund within the same family of funds.
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