index fund Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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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 stock index (= a fixed set of shares on a particular stock market). Investors buy parts of the fund, which has low costs because it is not managed.
(Definition of index fund from the Cambridge Business English Dictionary © Cambridge University Press)
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