Most international funds will invest on a certain region or country, investing in bonds and common stocks. Investors looking to International funds should realize the risks involved as most of these funds are likened to growth or aggressive growth funds. If you are looking for current income as well as long-term capital growth, you should consider a Growth and Income Fund . There are many different types of these funds and various strategies are employed to achieve these goals. There are funds that invest in portfolios that contain a combination of growth stocks, convertible securities, corporate bonds, money markets tools, preferred stocks, and stocks that pay high dividends.
Some funds invest in what is called a dual portfolio, investing in both growth and income stocks.
If you can assume some risk but want to achieve a moderate level of income, a growth and income fund might be for you. These funds seek a high current yield through investing companies that pay high dividends. This differs from interest payments on bonds, as the dividends on equity securities change as companies raise or lower dividends. A balanced fund invests in a more even distribution of equity and income based securities. If you are looking for a high current income with a goal of capital preservation, you might want to consider investing in a Fixed-Income Fund .