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A parent wants to put aside savings for his 20-year-old disabled daughter to use at...

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A parent wants to put aside savings for his 20-year-old disabled daughter to use at age 65. He prefers funds that require minimal management, while maximizing potential returns during earlier years. Which type of fund is most appropriate, given this parent's objectives?

A.

Balanced equity

B.

Target date

C.

High-yield income

D.

Global equity

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