Tasha invests her savings in a mutual fund called the Salter 500.This fund is based on the S&P 500, which is representative of the stock market as a whole.Tasha's fund is a(n) ____ fund.

Name: Tasha invests her savings in a mutual fund called the Salter 500.This fund is based on the S&P 500, which is representative of the stock market as a whole.Tasha's fund is a(n) ____ fund.
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The Salter 500 mutual fund, being based on the S&P 500 and representative of the stock market as a whole, is an index fund.

Tasha Invests Her Savings in a Mutual Fund Called the Salter