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growth fund
noun
a mutual fund that invests primarily in growth stocks.
Word History and Origins
Origin of growth fund1
Example Sentences
L. Joshua Wein, a portfolio manager for the Hennessy Cornerstone Growth Fund, likes financial services and consumer staples.
The $24 billion T. Rowe Price Dividend Growth fund is actively managed.
Interest in EQT’s latest European real estate fund has been above expectations, momentum in the healthcare growth fund is strong and the initial response from clients to its open-ended active core infrastructure fund has been encouraging, it added.
If the fund industry’s equivalent to a leading man is a growth fund comprised of stocks with large market capitalizations, an active ETF would be a character actor with a raspy voice.
In an effort to address concerns from the fishing sector, the UK government has also announced a £360m fishing and coastal growth fund to invest in new technology, equipment and support for coastal communities.
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