These funds often invest in stocks out of the mainstream, such as new companies, companies fallen on hard times or industries temporarily out of favor. They invest in the common stock of well-established companies. Growth and income funds seek to combine long-term capital growth and current income. These funds invest in the common stock of companies whose share value has increased and that have displayed a solid record of paying dividends. Their portfolios are invested primarily in securities associated with gold and other precious metals.
International funds seek growth in the value of their investments.
Their portfolios are invested primarily in stocks of companies outside the United States. Global equity funds seek growth in the value of their investments. They invest in stocks traded worldwide, including those in the United States. Income equity funds seek a high level of income by investing primarily in stocks of companies with good dividend-paying records. Bond and income funds Flexible portfolio funds allow their money managers to anticipate or respond to changing market conditions by investing in stocks or bonds or money market instruments, depending on economic changes.