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Where to Buy Mutual Funds
Mutual Fund Family Tips
What Are Core Mutual Funds?
What Are Growth Mutual Funds?
What Are Mutual Funds?
What Are Balanced Mutual Funds?
Mutual Fund Expense Ratio Tips
Tips on Living Wills
Why a Will & Testament is Important
How to Write a Will
Purpose of Wills
When to Contest a Will
The Importance of Wills
Are Wills Public Domain?
Types of Wills
What Are Elder Law Attorneys
Wills vs. Power of Attorney
When to Write a Will
Will Advice & Tips
Calculating Compound Interest
Discounting Interest Tips
Excess ROTH IRS Contribution Tips
Income & ROTH IRA Contributions
IRA Contribution Tips
Why Open a ROTH IRA?
Summary: A growth mutual fund is designed to grow the money invested in it by paying attention to industries with high expectations of growth. Understand what is meant by the word growth when referring to mutual funds and how it plays a role in investing decisions with tips and advice from an experienced financial adviser in this free video.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
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"This is financial adviser, Patrick Munro, discussing, what is a growth mutual fund? A growth mutual fund is designed to do just that, grow your money. What companies do, and fund managers look for, are companies that have a better potential for growth, in the economy, at a particular given time. There's many factors that come into play, to find out which one of these stocks would grow, and which would not. Currently, funds that are invested, say in real estate, or construction related activities, have very little potential for growth, because there's been a downturn, in that sector of the economy. On the other hand, things to do with Biotech, and pharmaceuticals, and things of that nature, have a very strong potential for growth, because the population is growing older, so the fund family will always look for the best growth potential. This is Patrick Munro, financial adviser, discussing growth mutual funds."
eHow Article: What Are Growth Mutual Funds?
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