Although highly unlikely, unit prices sometimes fluctuate. Click here to learn more about the possible risks and returns of these and other investment instruments. Income funds Income funds typically invest in longer-term debt instruments such as mortgages, and corporate and government bonds. They normally provide a higher rate of return than money market funds, but carry a slightly higher risk. Click here to learn more about the possible risks and returns of these and other investment instruments.
Equity funds share the common objective of providing investors with long-term growth.
While they have traditionally outperformed income funds in the long term, they are generally more volatile than either income or money market funds. Click here to learn more about the possible risks and returns of these and other investment instruments. Balanced funds invest in a broad mix of debt and equity instruments including money market securities, bonds, preferred stocks and common stocks. They are specifically designed to protect investors from market fluctuations through diversification. Balanced funds generally provide investors with both regular income and growth.