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English definition of “aggressive growth fund”

aggressive growth fund

noun [C]     (also performance fund) FINANCE
a type of fund (= investment in a range of shares, bonds, etc.) that is designed to earn higher than usual profits but that involves more than usual risk: Aggressive growth funds are only for non risk-averse investors willing to accept a high risk-return trade-off. → Compare income fund
(Definition of aggressive growth fund noun from the Cambridge Business English Dictionary © Cambridge University Press)
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