English version

index fund

From Longman Business Dictionaryindex fundˈindex fund (also tracker fund British English) [countable]FINANCE a fund with a combination of shares that are in a particular SHARE INDEX. The fund is not managed, and follows the movements of the indexThe index fund buys and holds the stocks that make up the Standard & Poor’s 500.You won’t need an investment manager if you use a tracker fund. fund
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