Market index funds attempt to match the composition and performance of a specified market indicator series.

Question

Quizplus · Accepted Answer

Market index funds are designed to closely replicate the performance of a particular stock market index, such as the S&P 500 or the Dow Jones Industrial Average. These funds invest in a portfolio of stocks that mirror the holdings of the underlying index, and aim to deliver returns that are in line with the index's performance.

Market Index Funds Attempt to Match the Composition and Performance