Which one of the following is true about growth funds?
A) The objective of growth funds is to invest in industries and companies that are not mature and are still experiencing sizable growth.
B) Investors looking for a higher return and a moderate risk are attracted to such funds.
C) Focus is on capital appreciation rather than steady income, so investors' outlook needs to be long-term.
D) All of the above are true.
Correct Answer:
Verified
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