A mutual fund with investments in bonds, stock, and preferred shares would best be described as

Question

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A mutual fund with investments in bonds, stock, and preferred shares is best described as a balanced fund, as it aims to balance the return potential and risk between the different asset classes. The fund seeks to provide investors with a diversified portfolio that includes both fixed income and equity securities, with the goal of mitigating risk while still generating a reasonable return.

A Mutual Fund with Investments in Bonds, Stock, and Preferred