A mutual fund that provides the investor with some income and a good chance for long-term price appreciation has a ____ objective.

Question

Quizplus · Accepted Answer

A mutual fund that provides both growth and income is the best fit for an investor looking for both long-term price appreciation and some immediate income. This type of fund invests in a combination of stocks and bonds, with the goal of generating both capital gains and dividends or interest payments for the investor. The other options (A, B, and D) are more focused on one objective (current income, long-term growth, or either current income or long-term growth) and may not provide the same balance of benefits.

A Mutual Fund That Provides the Investor with Some Income