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growth fund

   Also found in: Financial 0.01 sec.
growth fund
n.
A mutual fund that offers long-term capital appreciation.


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The Regions Morgan Keegan Select Value Fund and the Regions Morgan Keegan Select Mid Cap Growth Fund were featured as leading performers in their respective investment categories for the most recent rankings of mutual funds published in The Wall Street Journal's Quarterly Mutual Fund Review.
That's very unusual" According to Morningstar, the small-cap growth fund sector had an average return of 56.
Underwritten by a strong citizens' vote in favor of allocating part of the local sales tax to economic development, this growth fund has a successful four-year track record of creating jobs, generating new payrolls and encouraging capital investment.
 
 
 
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