Investing and Money Glossary, terms and definitions.

Growth Persistence

A measure of how consistently a mutual fund has outperformed its equity or fixed-income peers.

Value Line's calculation of growth persistence rewards a fund only for its consistency of outperformance; the measure does not take into account the degree of outperformance. The calculation produces a raw number; this number is then ranked against those of the fund's peers in order to derive a comparative ranking that is useful in measuring a fund's historical record of relative performance. The growth persistence figures are also a component of Value Line's Overall ranks.