What term describes a client's request to receive a fixed percentage of the fund value consistently?

The term that accurately describes a client's request to receive a fixed percentage of the fund value consistently is the fixed withdrawal plan. This strategy allows investors to establish a systematic method for withdrawing a specific percentage of their investment fund at regular intervals.

This approach can provide a predictable stream of income, which is particularly appealing for clients who are using their investments for living expenses or retirement income. By tying the withdrawals to a percentage of the fund value, the plan can adjust to market fluctuations, meaning that during times of higher fund value, the dollar amount withdrawn will naturally increase, whereas in downturns, the withdrawals will decrease, helping to preserve the fund over time.

Other terms provided do not accurately reflect this specific strategy. Income distribution plans generally refer to plans that distribute income generated from the investment itself, rather than a set percentage of the fund's value. Growth distribution plans focus on capital appreciation rather than another fixed withdrawal strategy, while the term ratio withdrawal plan is not commonly used in investment terminology and does not accurately describe the consistent percentage withdrawal strategy.