The risk reward question needs to be rephrased. You want to obtain the most return with the least risk. I assume liquidity is involved to; i.e. you want to know when you can get your investment back or how to turn your investment into cash; e.g. an annuity or real estate where this becomes an issue.
You cannot make a blanket statement because there are more mutual funds than equity securities. Each has its own characteristics.
The risk reward question needs to be rephrased. You want to obtain the most return with the least risk. I assume liquidity is involved to; i.e. you want to know when you can get your investment back or how to turn your investment into cash; e.g. an annuity or real estate where this becomes an issue.
You cannot make a blanket statement because there are more mutual funds than equity securities. Each has its own characteristics.