asset allocation fund

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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.

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.
References in periodicals archive ?
Additionally, Members should have served three years on the body or one year in case they have participated in a joint session of the AAFS or scientific presentation in a section other than the Psychiatry and Behavioral Science Section.
AAFS strives to raise the dependability on forensic sciences in legal matters, which can be a turning point for many individuals and governments.
As the premier conference for forensic science professionals, the AAFS 55th Annual Meeting is the forensic science industry's source for cutting-edge information.
AAFS is a third party logistics company that provides a full range of freight forwarding services in the Atlanta Metropolitan area.