Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• EQUITY FUND
  
  Equity mutual funds invest primarily in stocks. The stocks a fund buys whether in small, up-and-coming companies or large, well-established firms depends on the fund's investment objectives and management style. The general approach is implied by the fund's name or the category to which it belongs, such as large-cap growth or small-cap value. However, a fund's manager may have the flexibility to invest more broadly to meet the fund's objectives.
  
  Back