In the next several weeks, we'll be examining several of them in detail. Growth funds buy shares in companies that are growing rapidly but are financially sound. The Scudder Classic Growth Fund is a good example. Aggressive growth funds buy shares in companies that have the potential for explosive growth, but because of their volatility are far from sure bets. The Vanguard Aggressive Growth Fund is among the most popular.
Balanced funds seek to achieve a balance of stocks and bonds in their portfolios.
The Warburg Pincus Balanced Fund is one of many such funds. International funds , such as the Dreyfus International Growth Fund , will buy shares only in foreign company securities. The Web is a great place to do your research. After checking for top performers, I recommend visiting the Web sites of several brokerages or mutual fund exchanges. Clicking on it will take you to the site's main area about mutuals.