For each Mutual Fund Classification on the left, choose the description on the right that matches that funds objective There is only one correct answer for each Mutual Fund Classification When finished, go into the Chapter 13 Assignment in Canvas and select the correct answer for each Fund Classification The assignment is worth 12 points, I point for each correct matching of Classification and Description Mutual Fund Classification: Description of investments expected to be owned within the fund: Growth Stock Low risk, high to medium quality corporate bonds. A Equity Income Stock B Conservative investment including low risk growth and income stocks. Seeks to conserve principal while providing some income and growth potential. International Stock Regional Stock D Buys investments based on age of investor. Younger investors will have an aggressive portfolio seeking long term growth and older investors will have a conservative portfolio seeking income and principal protection. Stocks with faster-than-average growth in revenue and earnings with the potential of further growth Stocks in companies that avoid causing harm to people, animals and the environment. They will have a history of socially responsible activities, U.S. State and local government bonds that provide tax-free income Index Funds E Sector Funds F Socially Responsible Funds G Stocks of companies from a single country or groups of contries outside of the United States. Appeals to investors seeking opportunities in a particular area of the world. Balanced Funds Stocks with long history of dividend payment that appeal to conservative or retired investors seeking current income Lifecycle Funds ! Stocks of companies within a specific industry (ie, health care) High-yield "junk" Bond J Can be a stock fund or a bond fund. Investments in the fund will exactly follow a particular index (i.e. Dow Jones). Fees are low since the funds are not actively traded. Corporate Bond K High-yield, high risk corporate bonds. Municipal Bond L Stocks of companies operating outside of the United States. Appeals to investors seeking higher overseas growth, and diversification from only U.S. stocks