Growth fund is a mutual fund that invests in growth stocks. Investors who want high capital appreciation tend to invest in growth stocks, which are less conservative than income funds. Income from dividends usually is not a goal of these funds. Growth funds often have high P/E ratios because managers are willing to pay a premium for stocks of fast-growing companies.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). growth fund. Retrieved September 30, 2026, from http://smartdefine.org/growth_fund/definitions/1155209 |
| Chicago | Barry Goldsmith. 2010. "growth fund" http://smartdefine.org/growth_fund/definitions/1155209 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, growth fund, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/growth_fund/definitions/1155209>. |
| MLA | Barry Goldsmith. "growth fund" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/growth_fund/definitions/1155209> |