index fund

American  

noun

1. a fund, as a mutual fund or pension fund, with a portfolio that contains many of the securities listed in a major stock index in order to match the performance of the stock market generally.

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Etymology

Origin of index fund

First recorded in 1975–80

Example Sentences

To Cliffwater executives, the criticism is no different than what Jack Bogle received when he created the first low-cost index fund at Vanguard.

From The Wall Street Journal

Low-cost index funds offer a simple option for those who prefer not to pick individual securities.

From MarketWatch

In the growth sector, index funds hold large positions in tech companies that thrive by creating demand for their products, and the winners offset the losers that also comprise the index.

From The Wall Street Journal

“There’s Vanguard the mutual fund/ETF company we all know and love that provides the low-cost, diversified index funds,” he says.

From Barron's

The accounts have to be invested in an index fund of U.S. stocks until age 18.

From The Wall Street Journal