These are investment funds that invest in fixed income and equity instruments.
Each fund has its own investment strategy, varying the percentages of capital invested in fixed income and equities.
One of theadvantages of mixed funds is that the expected return and risk exposure vary, depending on the composition of the portfolio – i.e. the percentages invested in fixed income and equities - making them suitable for various investor profiles. They are a very attractive way of diversifying your investments for the same reason, with higher expected returns than fixed income funds without having to assume the risk of investing entirely in equities.
The Spanish National Securities Market Commission classifies mixed income funds into two groups: