A growth-of-income objective
A) sacrifices some current return for some purchasing power protection
B) generates maximum income as soon as possible
C) makes only sparing use of equity securities
D) generates income that declines over time

Question

Quizplus · Accepted Answer

A growth-of-income objective focuses on increasing income over time, often by investing in assets that may offer lower current returns but have the potential for capital appreciation and increased income in the future, thus providing some protection against inflation.

A Growth-Of-Income Objective