growth fund

Definition of "growth fund"
  1. A type of mutual fund which focuses on investing in companies that are expected to grow at an above-average rate compared to other companies
How to use "growth fund" in a sentence
  1. Investors with a high risk tolerance often invest in a growth fund.
  2. The growth fund showed a promising rate of return due to wise investment choices.
  3. She decided to reallocate a portion of her portfolio into a growth fund to maximize potential earnings.

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