Series 6 - Investment Company And Variable Contracts Products Representative Exam
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A fund that attempts to combine the objectives of growth and current yield is called a:
Balanced fund
A
Growth and income fund
B
Blend/core fund
C
Index fund
D
Explanations
A growth and income fund attempts to combine the objectives of growth and current yield by diversifying its stock portfolio among companies showing long-term growth potential and companies paying high dividends.