Flexible mutual fund

Flexible mutual fund

Fund that invests in a variety of securities in varying proportions in order to maximize shareholder returns while maintaining a low level of risk.
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'These flexible mutual fund and ETF solutions demonstrate our ongoing commitment to providing financial professionals with the tools they need to navigate the evolving regulatory landscape and grow their business,' said Joel Hempel, chief operating officer of Lockwood.
We are seeing a trend of investors exiting the more expensive and less flexible mutual funds for the more nimble and cheaper ETFs.
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