index fund

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index fund

n.
A mutual fund whose portfolio is designed to match the performance of an index of stocks or other securities. Also called market fund.

in′dex fund`


n.
a mutual fund that invests in many of the securities listed in a major stock or bond index in order to match the performance of the market generally.
[1975–80]
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
AKD Index Tracker Fund (AKDITF)###September 04, 2019###10.02###9.91
The Index tracker notes that employment opportunities remain on the weaker side.
I took advantage of the steep sell off in Pakistani equities after the Supreme Court's dismissal of Prime Minister Nawaz Sharif to accumulate shares in the Global X MSCI Pakistan index tracker. Apart from a lovely 12 per cent dividend, this New York-listed, US dollar product (Interactive Brokers Zindabad!) gives me access to some of the most deeply undervalued banks, cement and steel companies in a country whose 200 million population offers a "demographic dividend" even as it pivots to become China's new client state in South Asia with CPEC, the new East India Company with chopsticks.
Beltone Financial to list Egypt index tracker fund on Nasdaq Dubai Beltone Financial plans to list its Egyptian index tracker fund on the Nasdaq Dubai exchange and aims to quadruple the fund's value within a year.
Why should investors pay in the region of one per cent per annum if the fund doesn't beat an index, when the fee on an index tracker may be as low as 0.05 per cent per annum?
Index tracker funds offer an alternative although they are not traded on an exchange and can usually only be bought or sold once a day.
Plumping for index tracker funds or exchange-traded funds has become popular in recent years with some investors, although active funds still far outnumber them.
Muscat Fund, launched in 1995, is the first and only MSM index tracker fund in Oman.
According to Property for Life's monthly index tracker, two thirds of the 8,000 investors questioned said the cuts have helped ease their financial pressures.
Worthwhile tracker funds include Legal & General's UK Index and M&G's Index Tracker.
Index tracker funds involve no active investment management.