Pls help ASAP RecordingYour clients, Jungen and Anke, have two investment needs: income and growth. You think there is mutual fund from the Edgecliffe Fundfamily that addresses both objectives. The fund facts document for this mutual fund states that half of the portfolio is invested in equities,while the other half is invested in bonds. It also states that this mutual fund distributes interest, dividends, and capital gains. What type ofmutual fund is this Edgecliffe mutual fund?equity fundO balanced fundmortgage fundfixed income fundChatWhiteboard356-360-322ofElag for Revi niteboardFlag forWhich statement CORRECTLY describes the similarities and differences between mutual funds and pooled funds?O Like mutual funds, pooled funds are required to file prospectuses with the provincial securities commissions.Unlike mutual funds, pooled funds have high minimum investments requirements and are only available to accredited investors.O Like mutual funds, pooled funds typically have low minimum investments requirementsUnlike mutual funds, pooled funds are offered through life insurers and can only be sold by licensed life agents.

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Elag for Re Recording Your clients, Jungen and Anke, have two investment needs: income and growth. You think there is mutual fund from the Edgecliffe Fund family that addresses both objectives. The fund facts document for this mutual fund states that half of the portfolio is invested in equities, while the other half is invested in bonds. It also states that this mutual fund distributes interest, dividends, and capital gains. What type of mutual fund is this Edgecliffe mutual fund? O equity fund O balanced fund mortgage fund O fixed income fund Whiteboard