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One-Two Punch

Choosing between growth and income? This fund packs 'em together.

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This story appears in the February 1998 issue of Entrepreneur. Subscribe »

If you can't decide which type of fund--growth or income-- you'd like to invest in, how about a combo? That's what you'll get with the Janis Equity Income Fund.

Growth and income funds are the second most popular type of fund in the mutual fund universe (second to growth funds), according to financial data services company Lipper Analytical Services Inc. With about 700 different funds in the category, the investment objective of this group is to put its assets in companies managers feel will grow over time, as well as ones that have a solid history of paying dividends. That generally means investing in larger, blue-chip companies.

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