Balanced mutual fund

Balanced mutual fund,

Definition of Balanced mutual fund:

  1. Mutual fund which attempts to balance a low-risk investment strategy by dividing its cash among common stock (ordinary shares), preferred stock (preference shares), and high-yield bonds. When compared with pure stock (aggressive growth) funds, balanced funds perform better when the stock market is in decline and worse when it is gaining.

Meaning of Balanced mutual fund & Balanced mutual fund Definition