A mutual fund that invests in common stocks and bonds with the primary objective of conserving capital and providing income is c

Question

Mars2501 [29]

2 years ago

14

A mutual fund that invests in common stocks and bonds with the primary objective of conserving capital and providing income is c

alled a(n) ____________ fund.

Social Studies

1 answer:

jeyben [28] · Answer 1 · 2022-05-04T05:31:38+03:00

Answer: Sector funds

Explanation:

Sector funds is the one of the type of fund that refers to the investment in the business and it is operated in the specific industry or the sector.

The sector funds are also known as the mutual funds and the exchange trade funds for the purpose of investment in the market. The sector funds is mainly focuses on the similar sector of business in the market.

According to the question, the mutual fund which providing the investment for the common stocks and the bonds is refers as the sector funds. The main objective of the sector funds is ti conserve the capital and also proving the specific income.

Therefore, sector funds is the correct answer.