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Glossary   >   G   >   "Growth fund" Definition            Growth fund A unit or investment fund which invests in the stocks of growth companies.Since growth companies often do not pay dividends, the income of the funds which invest in them is correspondingly low. The fund"s objective is to achieve high capital appreciation. However the investment risk is correspondingly greater.Also known as maximum capital gains funds or capital appreciation funds. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Growth fund - A unit or investment fund which invests in the stocks of growth companies.Since growth companies often do not pay dividends, the income of the funds which invest in them is correspondingly low. The fund"s objective is to achieve high capital appreciation. However the investment risk is correspondingly greater.Also known as maximum capital gains funds or capital appreciation funds.