Performance Fund

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mutual fund designed for growth of capital. A performance fund invests in high-growth companies that do not pay dividends or that pay small dividends. Investors in such funds are willing to take higher-than-average risks in order to earn higher-thanaverage returns on their invested capital.
See also growth stock; Performance Stock.

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mutual fund designed for growth of capital.
A performance fund invests in high-growth companies that pay small dividends or no dividends at all.

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