What type of fund seeks to aim to provide a mixture of safety, income, and capital appreciation?

Question

Quizplus · Accepted Answer

A balanced fund seeks to provide a mix of safety (through diversification), income (through investment in bonds and other income-generating assets), and capital appreciation (through investment in stocks and other growth-oriented assets). The other options - money market, mortgage, bond, and dividend funds - may provide safety and income, but do not necessarily target capital appreciation.

What Type of Fund Seeks to Aim to Provide a Mixture