One Type of Mutual Fund Does Not Endeavor to Achieve

Multiple Choice

One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or growth,income,and stability.Instead,it focuses on personal characteristics,such as age and risk tolerance,and your position in the financial life cycle.This is the

A) index fund.
B) sector fund.
C) growth and income fund.
D) balanced fund.
E) life cycle fund.