Business / Taxes / Balanced Fund: Balanced funds are mutual funds that invest in a portfolio of common stocks, preferred stocks, and bonds to meet their investment goal of seeking a strong return while moderating risk. Balanced funds generally produce more income than stock funds, though their total return may be less than stock fund returns in a strong stock market. In a flat or falling stock market, however, disappointing returns on equity investments may be offset by a stronger performance from a balanced fund's fixed-income investments. Balanced funds are sometimes described as a type of asset allocation fund, which provides the oportunity to spread your money among asset classes with one investment.
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Business / Finance / Balanced Mutual Fund: This is a fund that buys common stock, preferred stock, and bonds. The same as a balanced fund. MORE
Business / Accounting / Petty Cash Fund: A small amount of cash kept on hand for making miscellaneous payments. MORE