Series 6 - Investment Company And Variable Contracts Products Representative Exam
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An investor who is 39 years old wants to receive the most current income possible and is willing to accept changes to investment principal. What should he invest in?
XYZ Balanced Fund
A
CYA Money Market Fund
B
XYZ Non-Investment-Grade Bond Fund
C
ABC Long Duration Bond Fund
D
Explanations
High-yield bond funds (also called non-investment-grade bond funds) are suitable for investors who are looking for the highest possible yields and can accept volatility.