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

 

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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