What is a Growth Fund?

Answer:
A growth fund is a diversified portfolio

of stocks. A growth fund is considered to basically be a mutual fund.

There are different categories of growth funds. These include both conservative growth funds and aggressive growth funds. The primary goal of most growth funds is capital appreciation. There is a high growth potential for investments inside these funds. When investing in growth funds diversify your portfolio by making sure it includes a variety of sectors – not just different companies.

Because growth funds are more volatile than other types of investment funds, they are best for investors who are willing to take risks and be long-term investors.