growth fund

American  

noun

1. a mutual fund that invests primarily in growth stocks.

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Etymology

Origin of growth fund

First recorded in 1965–70

Example Sentences

Baillie Gifford is a long-term growth fund that has a sizable Roblox position built on its 2030 outlook for the company.

From Barron's

South Korea, under Lee, has set up a roughly $102 billion “National Growth Fund” for investments over the next five years in high-tech strategic industries, including AI.

From The Wall Street Journal

Tetris received £500,000 through Screen Scotland's production growth fund to support filming.

From BBC

Comic Relief’s Moore said the Kids Relief campaign is the first initiative supported by the nonprofit’s Innovation and Growth Fund, which hopes to raise $10 million within three years.

From Seattle Times

Last year, Chief secured $100 million in a Series B round led by Alphabet’s growth fund, CapitalG.

From New York Times