Balanced funds generate higher proportion of income than growth and income funds and are less volatile.
Correct Answer:
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Q10: Money market mutual funds invest in commercial
Q11: REIT activities are governed by the Investment
Q12: Load mutual fund shares may be sold
Q13: Income funds are made up of portfolios
Q14: Arbitrage by hedge funds is the simultaneous
Q16: REITs are open-end investment companies that invest
Q17: There is more money invested in hedge
Q18: Closed-end investment companies stand ready to redeem
Q19: REITs are exempt from federal income tax
Q20: Hedge funds have been popular diversification investments
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