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shopaka12 shopaka12
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One type of mutual fund spreads investors' money across equity markets, bond markets, and money markets. Moreover, as market conditions change, the amount of money invested in each market sector will change. This type of mutual fund is known as a(n)

▸ socially responsible fund.

▸ fiscally responsible fund.

▸ growth-and-income fund.

▸ asset allocation fund.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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ordinarykathyordinarykathy
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asset allocation fund.
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shopaka12
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This helped my grade so much Perfect
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
deathDoUsPart
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Thanks for your help!!
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