Henrietta Marston plans to retire in the year 2050. She is considering a fund that willbe more risk-oriented now and become increasingly conservative as she approachesretirement. Which of the following funds would you recommend to her?A) Regional fundB) Equity income fundOC) Sector fundOD) Fund of fundsE) Life-cycle fund

Retirement planning is the act of setting financial goals and making strategic decisions to ensure a…

Answered: retirement. Which of the following…

retirement. Which of the following funds would you recommend to her? A) Regional fund OB) Equity income fund OC) Sector fund OD) Fund of funds E) Life-cycle fund

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 1FPE

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Henrietta Marston plans to retire in the year 2050. She is considering a fund that will
be more risk-oriented now and become increasingly conservative as she approaches
retirement. Which of the following funds would you recommend to her?
A) Regional fund
B) Equity income fund
OC) Sector fund
OD) Fund of funds
E) Life-cycle fund

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