Usually means: Diversified investment across asset classes.
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We found 6 dictionaries that define the word asset allocation fund:

General (2 matching dictionaries)
  1. asset allocation fund: Dictionary.com
  2. Asset allocation fund: Wikipedia, the Free Encyclopedia

Business (4 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Asset Allocation Fund: Investopedia
  3. asset allocation fund: Financial dictionary
  4. BusinessDictionary.com (No longer online)


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