Question

if you were looking to invest in a mutual fund with strong growth, what type of mutual fund would you invest in?

Answer 1

Large cap growth mutual fund is my choice of investment if I wanted strong growth.

What is large cap growth mutual fund?

Large-cap Growth funds invest in stocks of large US companies that are expected to grow faster than other large-cap stocks. Stocks in the top 70% of US equity market capitalization are defined as large caps.

What are mutual funds?

Mutual funds allow you to pool your money with other investors and “buy each other's  stocks, bonds, and other investments. They are run by professional money market managers who decide which securities (stocks, bonds, etc.) to buy and when to sell them.

Types of Mutual Funds:

• Money Market funds
• Stock Funds
• Bond funds
• Target date funds

To learn more about mutual funds visit the link below

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