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Fund Types
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Fund Investing
 
Aggressive Growth
     Goal: Increase Principle (no dividends)
     Invests in:  IPO's, small upstart companies
 
Growth
     Goal:  Increase principle, some dividends
     Invests in:  Moderate, fast-growth firms
 
Growth and Income
     Goal:  Grow principle and generate income
     Invests in:  Moderate growth and dividend
                        producing stocks.
 
Sector
     Goal:  Grow Principle.  May be dividends
     Invests in:  Stocks of a particular sector
 
Small Cap Stock
     Goal:  Rapid Growth
     Invests in:  IPO's, very small companies
 
Mid Cap Stock
     Goal:  Moderate Growth, some dividends
     Invests in:  Medium-sized companies
 
Large Cap Stock
     Goal:  Growth of principle, good dividends
     Invests in:  The largest of companies
 
Hedge
     Goal:  Private investment fund that can
                     pursue many different strategies
                     including the use of options to
                     protect stock positions.
International
     Goal:  Invest in non-U.S. companies
 
Regional
     Goal:  Invests in non-U.S. companies of a
                   certain region.
 
Balanced
     Goal:  Grow principle and generate income
     Invests in: Both stocks and bonds
 
Index
     Goal:  Match the performance of specified
                    market indices.
 
Bond Fund
     Goal:  Preserve principle and generate 
                    income
 
Tax-Free Bond Fund
     Goal:  Preserve principle and generate Tax-
                  Free income.
     Invests in: Municiple Bonds
 
High-Yield Bonds
     Goal: Generate maximum income
     Invests in: High-risk bonds
 
Money Market
     Goal:  Preserve principle and provide a small
                    Return
     Invests in:  Short-term, very safe securities
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