index fund
DefinitionA passively managed mutual fund that tries to mirror the performance of a specific index, such as the S&P 500. Since portfolio decisions are automatic and transactions are infrequent, expenses tend to be lower than those of actively managed funds.
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index fund is ...
... part of the Mutual Funds subject.
... part of the Mutual Funds subject.
... an essential investing term.
Related Terms
Diamonds -
clone fund, enhanced index fund, retail sales index, Exchange Traded Fund, asset swap, ETF, closet indexing, index investing, investment management company, index fund shares
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