A blend fund is a mutual fund that combines both growth funds and value funds. A blend fund will often include other means of investing. This may include money market funds as well. These funds diversify and so the growth and risk are difficult to predict. However since the assets are spread over many different types of funds and stocks, it is less likely that you will take a huge hit. However, you may not make as much money as you would in a different type of investment.
If you choose this type of fund, you need to look at the growth over the life of the fund. Additionally you should feel comfortable with the asset allocation of the fund. You should look at several different blend fund options before choosing the one that is right for you.
