IFIC Mutual Funds Licensing Practice Exam · Question
Scenario 48: 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: Scenario 48: 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. The correct answer is "Mix of stocks and bonds". This capacity-fill scenario 48 reinforces the same competency for the ific bank and follows the certified explanation standard.
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