What is Balanced fund?
(A) It is a mutual fund that buys a combination of common stock, preferred stock, and short term bonds
to provide both income and capital appreciation.
(B) This ensures that these funds will manage downturns in the stock
(C) Balanced funds will usually increase less than all stock fund during a bullish market
(D) The purpose of balanced fund is to provide investors with a single mutual fund that combines both
growth and income objectives.