Capital appreciation . World equity mutual funds invest primarily in stocks of foreign companies. Total return . These funds seek stocks that provide a combination of dividends and capital growth. Income equity funds invest primarily in companies with good dividend payment histories.
Hybrid funds invest in a mix of stocks and debt securities, such as bonds.
Flexible portfolio funds seek high total return and invest in the same three types of securities as asset allocation funds. Taxable bond funds. Taxable bond funds seek to provide current income by investing primarily in bonds. Corporate bond funds have no restriction on the maturity of the bonds in their portfolios. General global bond funds invest in securities with no stated average maturity, or maturities of more than five years.