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Balanced Mutual Fund
(redirected from Balanced Funds)

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Balanced mutual fund
This is a fund that buys common stock, preferred stock, and bonds. The same as a balanced fund.

Balanced Mutual Fund
A mutual fund with a portfolio mixing stocks, bonds, and cash equivalents in different types of securities in a more-or-less fixed ratio. Balanced mutual funds are used for long-term investing. They also seek to diversify one's portfolio and avoid volatility in any one market. It is an example of an asset allocation fund.


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The AFBA 5Star Balanced Fund is only 1 of 5 Balanced Funds in the Morningstar Moderate Allocation category (962 funds) that offers a retail-directed Class A or Advisor share class and has been awarded a 5-star Overall Morningstar Category rating based on risk-adjusted returns as of December 31, 2008.
But money market and balanced funds benefited from this mood of caution.
The rise during the first quarter was driven by positive returns on most of the assets balanced funds invest in, such as shares, gilts,property and cash, according to investment information provider Russell/Mellon CAPS.
 
 
 
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