Diversification is balanced between bonds and domestic and international equities. Protection against inflation is a high concern. Income and Growth - designed to provide income primarily and growth secondarily. An emphasis is placed on income-oriented investments. Investors should expect less volatility than the equity market with some capital appreciation potential.
Diversification is skewed toward bonds and, to a lesser degree, domestic and international equities.
Protection against inflation is a moderate concern. Income - designed to provide current income with significantly less risk than the equity market. An emphasis is placed on high current income. Investors should expect less volatility than the equity market with minimal capital appreciation potential. Diversification is skewed toward bonds and cash.