Question
Fill in each of the following descriptions with the type of mutual fund classification it represents. a. An ____ fund attempts to match the performance
Fill in each of the following descriptions with the type of mutual fund classification it represents.
a. An ____ fund attempts to match the performance of a broad market index.
b. A _____ fund holds both equities and fixed-income securities in fairly stable proportions.
c. An _______ fund holds primarily equities.
d, An _________ fund holds both equities and fixed-income securities and varies the proportions to take advantage of forecasted market conditions.
e. A _____ fund holds securities of firms in a particular industry or sector.
f. A _____ fund primarily holds fixed-income securities.
g. A ______ fund is a balanced fund in which the mix of securities depends on the age of the investor.
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