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Balanced Mutual Fund

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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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For individuals with large sums of money available for investing, a single balanced mutual fund is likely not the best option, either.
Since Carlton currently contributes the maximum to his Thrift Savings plan, he should shift his assets from 50% government bonds, 20% fixed-income funds, and 30% equity funds to 75% growth mutual funds and 25% balanced mutual funds.
The site tracks 2,606 stock and balanced mutual funds and includes a page of recent manager changes.
 
 
 
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