INTRODUCTION TO GROWTH & INCOME FUNDS
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Investors looking for both current income and growth potential
can choose a type of mutual fund that combines both objectives: the growth and
income fund. This tutorial explains what growth and income funds are and how
they achieve their objectives. In it, we will discuss the following:
- What Are Growth & Income Funds?
- WHAT ARE THE INVESTMENT OBJECTIVES OF GROWTH & INCOME FUNDS?
- What Securities Do Growth & Income Funds Invest In?
- SUMMARY OF GROWTH & INCOME FUNDS
Before we introduce the finer points of these funds, let
us first define them.