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Pb03 Posted 18 years ago
Vocabulary

"growth share" in mutual funds ??

0Hi there,02br
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00I ran into the words "growth share" which is defined as two things.02br
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00The first definition is that "one of the shares in companies that increase in value quickly, rather than those that pay high dividends."02br
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00I think I understand what that means.02br
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00The thing is the second definition that is related to mutual funds: " in mutual funds, shares whose value rises in relation to the rise in value of the fund".02br
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00I am wondering whether the "growth share" in second definition is the same as "growth stock fund", which I understand is a type of fund that people invest money to the "growth share" in the first definition.02br
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00I think this is not easy question unless you are interested in the mutual funds.02br
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00Still I hope if you have any idea, would you please tell me some?02br
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00Thanks a lot~!!02br
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00pb 0-
  

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1 Answers
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0A mutual fund is a group buy of stocks.02br
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00E.g. Spyder buys stock in the 500 companies that comprise the S&P 500 list.02br
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00So, I imagine that the growth shares in a mutual fund are the stocks whose value rises more than the others.0-

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