Definition Definition

Asset allocation mutual fund

Asset allocation mutual fund is a mutual fund that rotates among stocks, bonds, and money market securities to maximize return on investment and minimize risk.

Share it: CITE

Related Definitions

  • Equity Fund
    Equity Fund is a type of investment portfolio that primarily...
  • Quick Assets
    Assets that have been used or converted into liquidity in...
  • Capital Funding
    Capital Funding is the monetary resources provided to the business...
  • Hedge Fund
    Hedge Fund is one type of investment fund that trades...
  • Index Fund
    A portfolio of stocks or bonds that mirrors the composition...