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What is the difference between a moderate growth fund and a positive growth fund?
From the perspective of investment objectives, growth funds refers to a fund that takes the pursuit of capital appreciation as its basic objective, rarely considers the current income, and mainly invests in stocks with good growth potential. The proportion of general stock portfolio is 60%-95%.

From the perspective of asset allocation strategy, active growth fund is a more active dynamic asset allocation strategy than steady growth fund, and it is an active strategy to dynamically adjust asset allocation status according to market environment and economic conditions, thus increasing portfolio value, with the goal of improving long-term return without increasing system risk or portfolio volatility.

The core of positive growth fund lies in the dynamic monitoring and adjustment of expected returns of asset classes, but it does not estimate whether investors' preferences and risk tolerance have changed again.

In addition, whether the positive growth fund can obtain better returns than the steady growth fund depends on the asset manager's ability to grasp the risk-return changes of asset categories and whether the asset manager can accurately predict the market changes and effectively implement the dynamic asset allocation investment plan accordingly.