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asset allocation fund

   Also found in: Acronyms 0.01 sec.
asset allocation fund
An investment company that varies the proportion of its portfolio devoted to stocks, bonds, and money market securities in order to reduce the variability of returns and to take better advantage of different segments of the securities markets. An asset allocation fund is designed to save individual investors from being required to alter their investment mix in response to changes in market conditions.


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Meezan Asset Allocation Fund (MAAF) is an open end Shariah Compliant Asset Allocation Scheme with the objective to provide investors with attractive returns by way of Capital Gains and Dividend Income by investing in the portfolio of Shariah Compliant Investment avenues.
The Eaton Vance Tax-Managed Equity Asset Allocation Fund has about 23.
That's when the bond portfolio of a balanced or asset allocation fund will steady things.
 
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