Global fund

A type of mutual fund, closed end fund, or ETF designed to give exposure to any international or emerging market, including the United States.

Gold fund

A type of mutual fund or ETF designed to give exposure to gold related securities. This can include stocks in companies engaged in the production, processing, or mining of gold. Often used to hedge against inflation and currency risks.

Government securities

Securities issued by U.S. government agencies and international governments. U.S.Treasuries are generally considered the safest, because they are backed by the full faith and credit of the government.

Grantor Trust

ETF that at creation follows an index but remains static and does not attempt to track it. HOLDRs are main adherents to this form of ETF.

Growth

Describes stocks in a market which have relatively high Price-to-Earnings or other valuation ratio. Typically high growth, low-dividend companies. Can quickly outpace value stocks, but typically more risky.

Growth and income fund

A mutual fund, closed end fund, or ETF with both the growth of capital and income as the primary investment objective.

Growth fund

A mutual fund, closed end fund, or ETF with the growth of capital as the primary investment objective.