growth mutual fund



Equity stock (shares) fund that invests in fastest growing firms (typically growing at an average rate of 10 percent per year) with capital appreciation as its primary objective. Such funds take more risk and pay a premium for stocks with above average earnings. When a stockmarket declines, a growth fund's earnings decline faster than the overall rate, and when the stockmarket rallies its earnings grow faster the overall rate.

Use growth mutual fund in a sentence

Related Videos

Have a question about growth mutual fund? Ask for help in the
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z