An aggressive growth mutual fund is least likely to purchase a stock

Question

Quizplus · Accepted Answer

Aggressive growth mutual funds typically focus on stocks that are expected to have high growth rates in earnings, which often do not pay high dividends. Instead, these funds reinvest earnings to fuel further growth. Stocks with high dividend yields are generally associated with more stable, mature companies rather than the high-growth companies aggressive growth funds target.

An Aggressive Growth Mutual Fund Is Least Likely to Purchase