3. Equity funds and bond funds Nick is a recent college graduate who would like to begin investing for retirement. As such, his investment horizon is about 45 years. Tim is a 60-year-old dentist who would like to preserve the market value of his savings in anticipation of his retirement in 5 years. Use the table to match the investor with the type of fund for which he is best suited. Nick Tim Equity Fund Bond Fund One way to correct for an investor's home bias is to invest in a Mutual funds consisting of bonds issued by well-established companies are known as fund. funds. Grade It Now Save & Continue Continue without saving