index fund

noun

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.

Nearby words

index crime, index expurgatorius, index extensor muscle, index finger, index fossil, index fund, index futures, index librorum prohibitorum, index mineral, index number, index of industrial production

Origin of index fund

First recorded in 1975–80