Managed funds are often categorized by the type of investments purchased by the fund. These include capital

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Managed funds are often categorized by the type of investments purchased by the fund. These include capital stable funds, balanced growth funds, and managed capital growth funds. For each of these funds, discuss the types of investments the fund might accumulate and explain the purpose of the investment strategies. If Jaleel is identified as a risk-averse investor, which type of fund would you recommend Jaleel to consider investing in?