A relatively new type of mutual fund that tries to match the return of a certain index by owning the securities that make up the index. This is a form of passive investment management.
An index mutual fund owns a full participation in some portion of the stock market. An index fund matches the shareholdings of a target index, such as the Standard & Poor's 500 Composite Stock Price Index (S&P 500).
A passively managed mutual fund that attempts to reduce the risk associated with the selection of specific securities for investment by mirroring the performance of a specific index, such as the S&P REIT Composite Index.
a mutual fund that invests in the stocks or bonds of a market index, such as the Standard & Poors 500 Stock Index (which measures the performance of 500 heavily traded stocks). That is, an index fund will try to mirror the performance of the general stock or bond market.
A fund designed to track the performance of a market index. The fund's portfolio of securities mirrors that of the designated market index.
a type of mutual fund that tries to mirror the performance of the general stock or bond market by investing in the securities of a market index (e.g., the Standard & Poors 500)