A type of mutual fund that seeks to maximize returns, often by investing in stocks of smaller companies with strong growth potential. Asset Anything having commercial or exchange value that is owned by a business, government, institution, or individual. This can include stocks, bonds, real estate, equipment, a brand name, or the value of a company as an operating business, sometimes known as goodwill.
Asset classes Different types of investments.
Stocks, bonds, and money market instruments are broad asset classes, which can be further divided into smaller groups, such as common or preferred stock or mortgage, municipal, or government bonds. The place where newly issued and existing bonds are bought and sold, usually before maturity, by investors looking for income. This market can be a physical trading area, but more often the bonds are traded electronically by investors using computers and telephone communications. The profit or loss from the sale of stocks, bonds, and other investments, or the difference between the purchase price and the sale price. Mutual fund investors must adjust their purchase price to account for the reinvestment of any distributions made by the fund, among other things.