The correct answer is A. Interval funds.
Interval funds are a type of mutual fund that combines the features of open-ended and closed-end funds. Like open-ended funds, interval funds can be bought and sold at any time, but like closed-end funds, they have a fixed number of shares outstanding. Interval funds typically offer a wider range of investment options than open-ended funds, and they may be more tax-efficient. However, they may also be more expensive to invest in.
Balance funds are a type of mutual fund that invests in a mix of stocks, bonds, and other assets. Balance funds are designed to provide a mix of growth and income potential, and they are often considered to be a good option for investors who are looking for a more conservative investment approach.
Specialty funds are a type of mutual fund that invests in a specific sector of the economy or a particular type of asset. Specialty funds can be a good option for investors who want to focus their investment dollars on a specific area of interest. However, they can also be more volatile than other types of mutual funds.
None of the above is not the correct answer.