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They provide balance to a portfolio so that it is earning an investor money for the present and the future.
Growth and income mutual funds definition. Growth and income funds are mutual funds and exchange traded funds etfs that invest in stocks or other securities that combine for long term growth and short term income. Growth and income fund. Growth and income funds combine aspects of growth funds and income funds. As a result they have more risk and higher returns than income funds and lower risk and lower returns than growth funds.
A growth and income fund is a mutual fund or etf strategy that seeks a total return for investors including capital gains and current income. The goal of a growth and income fund is to create a.
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