Meaning of “index-tracker” in the English Dictionary

"index-tracker" in Business English

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index-trackernoun [ C ]

uk us

a set of shares in all the companies in a stock market whose value exactly follows that stock market's value:

index-tracker investments

Over the past five years, index-tracking funds have doubled the initial investment.

(Definition of “index-tracker” from the Cambridge Business English Dictionary © Cambridge University Press)