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Rather than getting an additional 4% per hour, Steven was given a $1000 bonus for his performance over the past year, also known as a ________ bonus.
Equity Growth Fund
A mutual fund that invests primarily in stocks with the goal of capital appreciation rather than income.
Sector Fund
A mutual fund that invests solely in businesses operating in a specific industry or economic sector, aiming to capture sector-specific growth.
Equity Trusts
Investment funds that hold a diversified portfolio of equities or stocks, managed by a trustee for the benefit of its beneficiaries.
Mortgage Trusts
Investment funds or trusts that pool investments in mortgage loans or mortgage-backed securities.
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