Aggressive growth mutual fund

Aggressive growth mutual fund

A mutual fund designed for maximum capital appreciation that places its money in companies with high growth rates.

Aggressive Growth Mutual Fund

A mutual fund that invests primarily or exclusively in high-risk, high-return securities. They may invest in IPOs and quickly re-sell; they also commonly invest in options. Very little of the income from an aggressive growth mutual fund comes from dividends; rather, most of its earnings come from capital appreciation. They have a high degree of volatility, and tend to correlate highly with stock market performance; that is, they do well when stock markets do well and poorly otherwise. Some analysts believe that while aggressive growth mutual funds correlate in this way, they do so more strongly, meaning that their values increase and decrease more steeply than stock markets as a whole.
References in periodicals archive ?
He is currently putting $100 each month into a Smith Barney aggressive growth mutual fund. However, he should consider investing in a mid-cap or small-cap value fund.
Since they have six years before their oldest child enters college, they should take the $2,000 they receive from this contest and invest it in an aggressive growth mutual fund, such as the Putnam Opportunity Fund.
The couple's long-term investment horizon gave them the freedom to dabble in riskier funds, such as the Putnam Vista Fund, an aggressive growth mutual fund, Says Vincent, "We're bound to change our view on the market at some time.
Wilson also needs to consider adding some aggressive growth mutual funds to the mix.
* Invested $2,000 winnings in equity growth and aggressive growth mutual funds

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