Place the Name of the Mutual Fund Beside the Definition Definition Name the Mutual Fund These funds are usually classified either by creditworthiness or by the average term to maturity. Fund earns interest, dividends and capital gains. The investment portfolio mix will become more conservative as the need for the money gets closer. This fund offers diversification, stability and steady income. These funds are privately held with the expectation of positive rates of returns. These funds are not valued daily and can only be redeemed at specified times