Index funds are created to imitate a popular stock index such as the S&P 500 index.

Name: Index funds are created to imitate a popular stock index such as the S&P 500 index.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Index funds are designed to mimic the performance of a particular stock index such as the S&P 500, the Dow Jones Industrial Average, or the NASDAQ. This allows investors to invest in a broad range of companies included in the index without having to individual purchase each stock.

Index Funds Are Created to Imitate a Popular Stock Index