Meaning of the word "index fund" in English
What does "index fund" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
index fund
US /ˈɪn.deks ˌfʌnd/
UK /ˈɪn.deks ˌfʌnd/
Noun
1.
a type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a market index, such as the S&P 500
Example:
•
Investing in an index fund is often recommended for long-term growth.
•
She prefers low-cost index funds over actively managed ones.
Synonym:
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