Asked by Christopher Adams on Jul 09, 2024
Verified
Which of the following funds invest specifically in stocks of fast-growing companies?
A) balanced funds
B) growth equity funds
C) REITs
D) equity income funds
Growth Equity Funds
Investment funds that focus on companies expected to grow at an above-average rate compared to their industry or the overall market.
Fast-growing Companies
Firms that exhibit higher-than-average rates of growth in earnings, revenue, or market share.
Balanced Funds
Mutual funds that invest in a mix of asset classes, typically stocks and bonds, to provide a balance between risk and return.
- Comprehend the theory and aims associated with diverse mutual funds, focusing on their approaches to market timing and the degree of regulation they are subjected to.
Verified Answer
SR
Sofia RamirezJul 12, 2024
Final Answer :
B
Explanation :
Growth equity funds invest specifically in stocks of fast-growing companies, seeking capital appreciation rather than income.
Learning Objectives
- Comprehend the theory and aims associated with diverse mutual funds, focusing on their approaches to market timing and the degree of regulation they are subjected to.