ID: | 16 | |
Title: | SEC.gov | |
URL: | http://www.sec.gov/answers/indexf.htm | |
Category: | Index Funds | |
Description: | Index Funds An "index fund" describes a type of mutual fund or unit investment trust (UIT) whose investment objective typically is to achieve approximately the same return as a particular market index, such as the S&P 500 Composite Stock Price Index, the Russell 2000 Index or the Wilshire 5000 Total Market Index. An index fund will attempt to achieve its investment objective primarily by investing in the securities (stocks or bonds) of companies that are included in a selected index. | |
Pagerank: | 6 | |