Joaquin is looking for a moderate risk type of mutual fund where he can participate in potential market growth but also have a portion of his investment invested more securely. He likes the idea of the fund setting parameters for the portfolio manager to follow regarding how much the mutual fund can invest in fixed income and equities. Which of the following mutual funds is most appropriate given the information provided? A. Juno Dividend Fund. B. Clearwater Mortgage Fund. C. Severn Balanced Fund. D. Maverick Equity Index Fund.