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tracker fund

British  

noun

  1. finance an investment fund that is administered so that its value changes in line with the average value of shares in a market

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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If the constituents of the index change, so will your tracker fund - automatically.

From BBC • Mar. 2, 2015

And buying a tracker fund isn't always the cheap option.

From The Guardian • Feb. 5, 2011

Halifax's tracker fund has been particularly poor value for investors, failing to come close to matching the index it is designed to track.

From The Guardian • Feb. 5, 2011

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.