Meeder Conservative Allocation Fund Retail Class (FLRUX)

Overview

This fund is designed to cater to investors seeking a diversified portfolio with a balance between stocks and bonds. It offers a mix of common and preferred stocks along with fixed income securities to provide a balanced risk-reward profile. The fund's investment strategy is flexible, allowing for allocations in various investment vehicles, including mutual funds, ETFs, closed-end funds, and unit investment trusts, both domestically and internationally. By ensuring a minimum of 70% of its net assets in fixed income securities, the fund aims at stability, whereas allocating up to 30% in equity securities offers growth potential.

Products and Services

• Common and Preferred Stocks

These are equity investments that offer investors a share in the company's profits, potentially in the form of dividends, and voting rights in the case of common stocks. Preferred stocks provide a higher claim on assets and earnings than common stocks and usually pay dividends at fixed rates.

• Fixed Income Securities

These include bonds and other debt instruments that pay fixed interest rates to investors, providing a steady income stream and adding stability to the investment portfolio.

• Investment Companies (Underlying Funds)

The fund allocates part of its assets to other investment funds, including domestic and international mutual funds, ETFs, closed-end funds, and unit investment trusts. This diversification strategy aims to spread risk across various markets and asset classes.