IFIC Mutual Funds Licensing Practice Exam · Question
Balanced fund holds:
Diversified. The correct answer is "Mix of stocks and bonds". This reflects the accepted standard for the ific assessment and aligns with the official handbook
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Question: Balanced fund holds:
Answer options: ✅ Mix of stocks and bonds
- 100% equity
- Cash only
- Gold
Correct answer: Mix of stocks and bonds
Explanation: Diversified. The correct answer is "Mix of stocks and bonds". This reflects the accepted standard for the ific assessment and aligns with the official handbook for this competency.
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