AMC. Isn't that a movie theater chain? Eh. Different thing. An AMC in this sense is just the people who manage your investments. An asset management company...a company dedicated to managing your assets (meaning your money).
These AMCs come in a wide range of flavors...folks who push equities around in the form of mutual fund asset managers; other folks who push around bonds in a fund; and still other folks with a private equity and/or venture capital focus. There's some that specialize in overseas investments. Some that specialize in particular sectors. Tall ones, short ones, happy ones, sad ones. All kinds. And they all manage your assets...for a small(ish) fee. (Okay, sometimes a large(ish) fee.)
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Finance: What are Balanced Funds?37 Views
Finance a la shmoop what are balanced funds? well this is a teeter
and this is a totter and this thing here is the fulcrum and here's you madam [Woman sitting on the fulcrum]
imbalanced funds sitting in the middle a gentle breeze sways you left toward a
little more yield or interest on bond investments and then another breeze
sways you right toward a little more growth or capital appreciation from [woman swaying right]
equities a balanced fund is a type of mutual or index fund which generally
keeps an even ish mix of growth and income for investors who don't want the
volatile sharp rocky mountain peaks and valleys that growth only throws at you [Growth chart with peaks and valleys]
but well they want a bit more excitement than all bonds got it or rather they can
handle a bit more risk in their lives than what a simple bond income fund
would deliver to them you know a whole lot of boring yield balance is almost [Woman balancing]
always good for zen.. oops didn't see that breeze coming
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