Maximum capital gains mutual fund

Definition:

A mutual fund whose objective is to produce capital gains by investing in small or risky rapid-growth companies.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Nonrecourse

In the case of default, the lender has no ability to claim assets over and above what the limited partners contributed.

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