ESSEN.OF.INVESTMENTS+CONNECT
ESSEN.OF.INVESTMENTS+CONNECT
10th Edition
ISBN: 9781260361605
Author: Bodie
Publisher: MCG
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Chapter 4, Problem 8PS
Summary Introduction

To determine:

Difference between asset allocation funds and balanced funds

Introduction:

Balanced fund stands to be the option available with the investor that is planning to invest for the intermediate term. It is also known as hybrid funds because it involves mix of both bonds and stocks. Asset allocation fund on the other hand is the fund that offers investor with investment portfolio which is diversified in nature.

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