growth fund

(redirected from Growth Funds)
Also found in: Financial.

growth′ fund`

a mutual fund that invests primarily in growth stocks.
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For example, both the Janus 20 Fund and the Dreyfus Appreciation Fund are large cap growth funds.
Characteristically, small-company growth funds are volatile and speculative, risking above average losses in order to achieve the highest possible capital gains.
But when it comes to growth funds (those funds that take on higher risk in an attempt to generate above-average returns) as a group, SRI returns have seriously lagged.
8 percent last year ranked it in the top 20 percent of growth funds tracked by Lipper, and analysts applauded Vinik's stealth at selling $20 billion of technology stocks last fall without sending the stock market into a downward spiral.

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