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

I dollar-cost-average into index funds and hope to own them for 50 years.

From MarketWatch

Simulating the investing approach that financial advisers recommend—buying and holding index funds for a long time—isn’t thrilling, and indeed, nearly two-thirds of simulated trades on Webull are options trades.

From The Wall Street Journal

Our panelists also have something in common: a passion for stock-picking that is increasingly rare in a market dominated by index funds.

From Barron's

The trust proceeds will be invested in Vanguard index funds.

From MarketWatch

Over the years, investing in low-cost stock index funds that climbed steadily made it possible to retire early.

From Barron's