One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or growth, income, and stability. Instead, it focuses on personal characteristics, such as age and risk tolerance, and your position in the financial life cycle. This is the growth and income fund balanced fund life cycle fund index fund sector fund The mutual fund that invests in Treasury bills and very short-term notes and is considered practically risk free is the bond fund money market fund balanced fund life cycle fund stock fund If you were considering the purchase of a bond issued by a state, country, or city you would be considering the purchase of a bond state government hedges' municipal corporate none of the above Because there is no default or call risk associated with government bonds, they generally pay rate of interest than other bonds a lower the same a higher none of the above When an savings bond is purchased, its price is one-half its face value, with face values ranging from $50 to $10,000. I paper Series EE electronic Series EE All of the above Only A and B