A mutual fund that invests in a market basket of stocks that replicates the basket included in a stock market index such as the S&P 500 is

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An index fund is designed to replicate the performance of a particular market index, such as the S&P 500. This type of fund typically has lower fees and expenses compared to actively managed funds, as they do not require extensive research and analysis.

A Mutual Fund That Invests in a Market Basket of Stocks