Mutual funds that invest in lesser-known companies with a market capitalization of $2-$10 billion that are expected to grow rapidly are called ____ funds.

Question

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Mid-cap funds invest in companies with a market capitalization of $2-$10 billion, which are expected to grow rapidly. Small-cap funds invest in companies with a market capitalization of less than $2 billion and are riskier than mid-cap funds. Large-cap funds invest in companies with a market capitalization of more than $10 billion and are considered less risky than mid-cap funds. Microcap funds invest in companies with a market capitalization of less than $300 million and are considered highly risky.

Mutual Funds That Invest in Lesser-Known Companies with a Market