What Is an Aggressive Growth Fund?
An aggressive growth fund is a collection of different types of stocks from different asset classes. Aggressive growth funds are appropriate for younger people with a higher risk tolerance. Learn about fees that may be associated with aggressive growth funds with information from a financial planner in this free video on investments.
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Hi there, I'm Cathy Pareto, the founder of Cathy Pareto & Associates, certified financial planner here in Miami, Florida. In this clip, we're going to be talking about what is an aggressive growth fund? And an aggressive growth fund is basically just a collection typically of different types of stocks inside of one fund. It can be hundreds, it could be thousands. An aggressive growth fund may have one asset class or multiple asset classes. And this type of fund is usually appropriate for somebody with a high level of risk tolerance, somebody who might be younger, maybe not so much approaching retirement or older and it's designed for growth as the name implies. Higher returns, the more risk you take, the higher returns you should be able to expect. Aggressive growth funds can come in many shapes and forms. You want to be away of what those costs are inside of the fund or the acquisition cost to get the fund and how that fund plays in part with all the other funds that you own and the more aggressive you are, certainly the more equities you can own in your portfolio. So an aggressive growth fund should be considered if you're an aggressive investor, not a conservative investor, and be aware how that works with everything else. That's a little bit about aggressive growth funds, and this has been Cathy Pareto in Miami, Florida.