Asset allocation mutual fund

Asset allocation mutual fund

A mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk.

Asset Allocation Fund

A mutual fund with a portfolio mixing stocks, bonds, and cash equivalents in different types of securities. This is done to diversify the fund and avoid the volatility in any one market. There are three basic types of asset allocation funds. Balanced funds maintain a more-or-less fixed ratio of stocks and bonds. Life-cycle or target date funds start with higher-risk investments, but move toward lower-risk as the investor approaches some pre-determined date, usually retirement. Finally, life-style funds are actively managed according to an investor's or broker's specifications and market conditions.
References in periodicals archive ?
Natixis Global Asset Management has announced the launch of the ASG Dynamic Allocation Fund (DAAFX), a global asset allocation mutual fund managed by AlphaSimplex Group Llc.
Business, management, health care, math, engineering, and decision science specialists from the US and Taiwan discuss applications to inpatient rehabilitation facilities; patient volume in a large hospital system; estimation of penalty costs in service industries; price dynamics and investor beliefs; studying investment information to reduce investors' disposition effect; US cotton prices; and the total net asset value of an asset allocation mutual fund.
More specifically, it includes a no-load, low-cost asset allocation mutual fund, a lower minimum investment of $500, ongoing access to investing tips, education and a special new website to manage the investor's new plan - all online.
21, 1996--Phoenix Duff & Phelps recently announced a name change to its Total Return Fund, a $330 million, flexible asset allocation mutual fund.
Canning to the position of portfolio manager of the Phoenix Total Return Fund, a flexible asset allocation mutual fund with a 14-year track record.
Glob asset allocation mutual funds experienced the most product development in 2011 and 2012, with 52 new funds brought to market, the report shows.
today announced the launch of the TCW LifePlan Fund Series, a group of four asset allocation mutual funds combining the best of the firm's equity and fixed-income investment strategies.
The four asset allocation mutual funds are offered through Thrivent Financial's network of 2,500 registered representatives.
For more information about the JennisonDryden Asset Allocation Mutual funds, call your financial professional for a free prospectus.