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What are the benifit to growth funds? |
I had to chose mutual funds and two of them are growth funds and growth/income we are suposed to say why these are good choices A growth fund is a fund where the assets within the fund are diversified in such a fashion as to maximize (as best as the Fund Manager can) on capital appreciation; which generally entails having companies within the Portfolio that DO NOT issue dividends. In short, growth funds select stocks that pursue long-term income. Whereas income stock sees income sooner. |
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