index fund Meaning in the Cambridge English Dictionary
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Meaning of “index fund” in the English Dictionary

"index fund" in Business English

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index fundnoun [C]

uk   us   ( UK also tracker fund) FINANCE
a ​sum of ​money that is ​invested in a stockindex (= a ​fixed set of ​shares on a particular ​stockmarket). Investors ​buyparts of the fund, which has ​lowcosts because it is not ​managed.
(Definition of index fund from the Cambridge Business English Dictionary © Cambridge University Press)
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