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What is index fund?

An index fund is a mutual fund with a portfolio to match the market index as shown in the S&P 500. An index fund provides low operating costs, portfolio turnover and market exposure. One that tries to mirror or match the performance of an index. The expenses are typically lower than an active management portfolio.

Other Financial Terms and Vocabulary

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.