What is an example of a growth fund?
What is an example of a growth fund?
A typical example of a growth fund would be a mutual fund or an exchange-traded fund. It's investing in securities that are expected to generate high growth rates in earnings over time. To get such funds, you will have to target tech companies or any other sectors with high growth potential. For instance, the Vanguard Growth Index Fund.
Re: What is an example of a growth fund?
A growth fund is a T. Rowe Price Blue Chip Growth Fund which follows big-tech and consumer-based companies like Microsoft and Amazon and it help to gain huge profit
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Re: What is an example of a growth fund?
Fidelity Growth Company Fund is an illustration of a growth fund, giving attention to businesses with large growth potential, such as NVIDIA or Salesforce to get more than average returns in fast-growing businesses.