A primary goal of a balanced fund is to earn a well-balanced return of income and long-term capital gains.

Question

Quizplus · Accepted Answer

A balanced fund is designed to provide investors with a mix of both income and growth. The goal is to maintain a balance between generating regular income and achieving long-term capital appreciation. Therefore, it is true that a primary goal of a balanced fund is to earn a well-balanced return of income and long-term capital gains.

A Primary Goal of a Balanced Fund Is to Earn