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A mutual fund whose portfolio is designed to match the performance of an index of stocks or other securities. Also called market fund.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||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|
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