What is an index fund?
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An index fund is a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index, such as the S&P 500. It provides broad market exposure and typically has lower fees compared to actively managed funds.
An index fund is a type of mutual fund or exchange-traded fund (ETF) that aims to replicate the performance of a specific market index, such as the S&P 500. It provides broad market exposure and typically has lower fees compared to actively managed funds.