blend fund

Definition

A mutual fund whose assets are composed of a combination of stocks, bonds, and money market securities, rather than just one or two of these asset classes. This enables investors to diversify their holdings with a single fund. Since blend funds vary considerably in composition is difficult to make generalizations about their performance or risk level, but usually they are somewhat less risky than stock mutual funds and somewhat more risky than bond funds or money market mutual funds. also called hybrid funds.

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blemished borrowers blended insurance program