What Is a Special Revenue Fund?
An income fund invests funds in various securities that can generate income.
Income fund
Right!
- An income fund invests funds in various securities that can generate income.
- To get the most current income. Although this kind of fund has a small growth force, its risk of losing principal is also low, so it is more popular with conservative investors and retirees.
- Income funds are generally divided into two types, namely fixed income funds and stock income funds. The main investment objects of fixed income funds are bonds and preferred stocks. Therefore, despite the high yield, the potential for long-term growth is relatively small, and when the market interest rate fluctuates, the fund's net value is easily affected. The growth potential of stock income funds is relatively large, but they are susceptible to stock market fluctuations.