growth fund

American  

noun

1. a mutual fund that invests primarily in growth stocks.

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Etymology

Origin of growth fund

First recorded in 1965–70

Example Sentences

Baillie Gifford is a long-term growth fund that has a sizable Roblox position built on its 2030 outlook for the company.

From Barron's

South Korea, under Lee, has set up a roughly $102 billion “National Growth Fund” for investments over the next five years in high-tech strategic industries, including AI.

From The Wall Street Journal

It has, however, been focused mainly in Manchester and the aim of the GM Good Growth Fund is to ensure the benefits are felt across the whole conurbation.

From BBC

Laela Sturdy is managing partner at CapitalG, Alphabet’s multibillion-dollar independent growth fund.

From The Wall Street Journal

L. Joshua Wein, a portfolio manager for the Hennessy Cornerstone Growth Fund, likes financial services and consumer staples.

From Barron's