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What is Growth Fund?

A growth fund holds mostly growth assets (typically 63-89% in shares and property), aiming for higher long-term returns.

Detailed Explanation

Growth funds are higher-risk, higher-potential-return funds suitable for investors with longer timeframes. They hold predominantly growth assets like shares and listed property.

Example

A growth fund might return +18% in a good year and -15% in a bad year. Over 20 years, it might average 7-9% annually.

Frequently Asked Questions

Am I too old for a growth fund?

It depends on your timeframe. Even at 55, you might have 10+ years until retirement.

Should I switch to growth after a market crash?

Be cautious about switching after drops. Consider your long-term strategy.

Related Terms

Balanced FundConservative FundGrowth Assets
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