AboutJohn D Smith, CFP Expertise I can answer detailed questions regarding mutual fund investing, retirement planning, education planning and related financial planning/investment issues. I have a B.S. degree in Financial Planning & Counseling. I am also a Certified Financial Planner practitioner and have performed fee only investment management and financial planning services for the past 11 years.
Expert: John D Smith, CFP Date: 4/7/2007 Subject: General Idea about mutual fund
Question Sir,
What is Equity diversified fund?
what is debt fund?
what is balanced fund?
Will you please explain me with an example?
Thank you
Answer A diversified equity fund is a mutual fund that invest only in a diversified basket of stocks. A debt fund is a mutual fund that invests only in fixed income securities (bonds). A balanced fund is a mutual fund that combines the above 2 funds by investing in both stocks and bonds. If you go to www.vanguard.com and enter the personal investors portion of the website, there is a planning and advice tab that hasa good information on mutual funds. I hope this helps.
