Balanced funds, often referred to as mixed mutual funds, are a type of mutual fund where the funds you deposit or invest will be allocated to various investment instruments such as the money market, bonds and stocks.
If you as an investor choose a balanced fund then you will have a portfolio with a variety of instruments, which will reduce the risk of loss, very suitable if you have long-term investment goals.
If you as an investor choose a balanced fund then you will have a portfolio with a variety of instruments, which will reduce the risk of loss, very suitable if you have long-term investment goals.