Meaning GROWTH AND INCOME FUND: A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income)
More terms such as Growth and income fund in Dictionary G.
- Definition Guaranteed Investment Contract (GIC):
- Examples product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment growth and income fund definition.
- Definition Guaranteed Replacement Cost Coverage Insurance:
- Examples A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation growth and income fund explain.
- Definition Gamma:
- Examples The ratio of a change in the option delta to a small change in the price of the asset on which the option is written growth and income fund what is.
- Definition Going Away:
- Examples The type of bond purchased by dealers for immediate resale to investors, as opposed to purchasing bond, to hold for some amount of time, and then reselling it at a future date growth and income fund meaning.
- Definition GNMA-II:
- Examples securities (M.B.S.) on which registered holders receive an aggregate principal and interest payment from a central paying agent on all their certificates. Principal and interest payments are growth and income fund abbreviation.
