Equity Fund: Equity funds invest primarily in stock. The stock a fund buys — whether in small, up-and-coming companies or large, well-established firms — depends on the fund's investment objectives and management style. The general approach may be implied by the fund's name or the category in which it places itself, such as large-cap growth or small-cap value. However, a fund's manager may have the flexibility to invest more broadly to meet the fund's objectives.

 

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Equity Fund: Equity funds invest primarily in stock. The stock a fund buys — whether in small, up-and-coming companies or large, well-established firms — depends on the fund's investment objectives and m . . . View Full Definition

Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk.

Pension Funds: Pension funds usually have large amounts of money available for investment. Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participa . . . View Full Definition

Personal Equity Plan: A plan where people over the age of 18 could formerly invest in the shares of state and companies via an approved plan manager or through qualifying unit trusts and investment trusts and rec . . . View Full Definition