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Growth Funds – Growth Funds are aggressively managed Mutual Funds that are directed by the fund manager to invest in promising new companies and/or companies that appear to be poised for rapid growth. As there is an added risk quotient to growth funds, they are typically bought by younger investors as opposed to those nearing […]
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IPO – The abbreviation “IPO” stands for Initial Public Offering, which refers to a private company’s conversion to a public company through the issuance of stock. Many IPOs are highly anticipated as investors line up to purchase shares in a particularly promising company with a proven record of market success and profitability. Income Funds – […]
