Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c.

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Briefly describe each of the following types of mutual funds:

a. Aggressive-growth funds

b. Equity-income funds

c. Growth-and-income funds

d. Bond funds

e. Sector funds

f. Socially responsible funds

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:49 AM

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Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c.

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Mutual funds come in a wide variety a Aggressive growth funds are highly speculative funds that concentrate on obtaining large capital gains These fun...View the full answer

Fundamentals of Investing

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