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That sounds like a financial adviser, not a manager of an active fund.

There are actively managed funds that hold stocks, bonds and other instruments and constantly balance those ratio on a daily basis to give investors a steady state of returns (think 4% to 6%). A lot of folks who want fixed income returns instead of cap gains growth purchase these funds. Retirees and pension funds are big consumers of these product.

This requires complex daily work and would be nearly impossible for a financial advisor to perform.

Can you give any examples of these which can be bought via brokerage account?

Not OP, but I doubt it. These are individual mandates with mandatory minimums in the tens of millions of dollars for a small shop.

Vanguard targeted retirement funds. VTTHX is their 2035 target fund. They are constantly readjusting their balance of stocks/bond/cash to meet a stable return in the year 2035.

Virtus AZNAX is another fund that blends a bunch of financial instruments to achieve a targeted return.

There's plenty others and they're all available from any retail brokerage firm.

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