Ji P.

asked • 09/10/18

Pax World Balanced is a highly respected, socially responsible mutual fund of stocks and bonds. Vanguard Balanced Index is another highly regarded fund that rep

Pax World Balanced is a highly respected, socially responsible mutual fund of stocks and bonds. Vanguard Balanced Index is another highly regarded fund that represents the entire U.S. stock and bond market (an index fund). The mean and standard deviation of annualized percent returns are shown below. The annualized mean and standard deviation are based on the years 1993 through 2002 (Source: Morningstar).
Pax World Balanced: x = 9.40%; s = 14.13%
Vanguard Balanced Index: x = 9.12%; s = 12.65%

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