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tracker fund

   Also found in: Financial, Wikipedia 0.01 sec.
tracker fund
n
(Economics, Accounting & Finance / Banking & Finance) Finance an investment fund that is administered so that its value changes in line with the average value of shares in a market


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The fund will be traded as a feeder fund, with 90% of its money to be invested in Polaris Taiwan Top 50 Tracker Fund and the remaining 10% to be invested in futures or held in cash.
Over five years, each pounds 1,000 in a typical tracker fund has grown to pounds 1,800.
Save just pounds 100 of this figure in a Tracker Fund -which gives you shares in a variety of Stock Market companies -and after 40 years your investment could be worth pounds 424,000.
 
 
 
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