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What is index fund?
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6th Dec 2009 by cocacolabuffet
An index fund is a mutual fund that tracks the performance of a certain index. For example, T. Rowe Price Equity Index 500 Fund seeks to match the performance of the Standard & Poor's 500 Stock Index®. The S&P 500 is made up of primarily large-capitalization companies that represent a broad spectrum of the U.S. economy and a substantial part of the U.S. stock market's total capitalization.
An index fund is a mutual fund that tracks the performance of a certain index. For example, T. Rowe Price Equity Index 500 Fund seeks to match the performance of the Standard & Poor's 500 Stock Index®. The S&P 500 is made up of primarily large-capitalization companies that represent a broad spectrum of the U.S. economy and a substantial part of the U.S. stock market's total capitalization.
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1st Dec 2009 In Investing
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