A minor emphasis is placed on current income. Diversification is typically skewed toward domestic and foreign company stocks and, to a lesser degree, bonds. Protection against inflation is a high concern. Growth and Income - designed to provide growth primarily and income secondarily. Investors should be willing to accept moderate volatility.
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.