Superannuation funds that aim at delivering a longer term income stream and capital appreciation by acquiring a diversified asset portfolio across a wider risk spectrum are classified as:

Question

Quizplus · Accepted Answer

Balanced growth funds aim to achieve long-term income and capital appreciation by investing in a diversified asset portfolio across a wider risk spectrum. This balancing of risk and returns makes it a suitable choice for investors seeking stability in returns with some potential for growth. Managed growth funds aim to deliver high returns by investing in high-growth assets, whereas capital guaranteed funds focus on protecting the investor's capital by providing a guaranteed return. Capital stable funds aim to provide low-risk fixed income by investing in cash or cash equivalents.

Superannuation Funds That Aim at Delivering a Longer Term Income