NOUN | possession | index fund | a mutual fund whose assets are stocks on a given list |
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group | index fund | a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index |
Meaning | A mutual fund whose assets are stocks on a given list. | |
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Broader | mutual fund | The pooled money that is invested in assets |
Meaning | A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index. | |
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Broader | mutual fund, mutual fund company, open-end fund, open-end investment company | A regulated investment company with a pool / pool of assets that regularly sells and redeems its shares |
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