asset allocation fund
A fund that attempts to achieve diversification by dividing its holdings between a broad range of investments. The prospectus for every fund will disclose the specifics of its investment policy, but in general, an asset allocation fund is likely to hold assets in a range of stocks, bonds, U.S. government securities, precious metals, and Cash instruments.

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Popular Mutual Funds Terms

equity accounting
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profit and loss account
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excess profit
Weak Market
banking covenants
balance sheet total