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Marleen Lopez
on Oct 20, 2024

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________ are mutual funds that vary the proportions of funds invested in particular market sectors according to the fund manager's forecast of the performance of that market sector.

A) Asset allocation funds
B) Balanced funds
C) Index funds
D) Income funds

Asset Allocation Funds

Mutual funds that aim to provide a balanced mix of investment assets within one portfolio, typically including stocks, bonds, and cash, based on specific investment strategies or objectives.

Market Sectors

Categories of stocks based on the type of business they are in, such as technology, healthcare, or finance.

Fund Manager

A Fund Manager is a professional responsible for making investment decisions and overseeing a portfolio of assets to achieve specified investment objectives.

  • Acknowledge how mutual funds contribute to diversification and risk control by allocating assets and investing in specialized industry funds.
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JZ
James ZhangOct 23, 2024
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