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index fund
(redirected from Passively managed fund)

    Also found in: Financial, Wikipedia 0.01 sec.
index fund
n.
A mutual fund that keeps a portfolio of stocks designed to match the performance of a stock market or one of its sectors as measured by an index of selected stocks. Also called market fund.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.index fund - a mutual fund whose assets are stocks on a given list
mutual fund - the pooled money that is invested in assets
2.index fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
mutual fund company, open-end fund, open-end investment company, mutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares
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