Funds that merely track a broad index and make no attempt to identify undervalued or exceptional growth stocks are known as
A) hedge funds.
B) passively managed funds.
C) actively managed funds.
D) equity funds.

Question

Quizplus · Accepted Answer

Passively managed funds are designed to track the performance of a specific index, such as the S&P 500, without attempting to outperform it through active stock selection.

Funds That Merely Track a Broad Index and Make No