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shopaka12 shopaka12
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2 years ago
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
Authors:
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ordinarykathyordinarykathy
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