Funds that attempt to mirror the movements of existing broad market indicators are called

Question

Quizplus · Accepted Answer

Index funds are specifically designed to track the performance of a market index, such as the S&P 500 or the Dow Jones Industrial Average. These funds invest in the same securities that make up the index they are tracking, in the same proportions. This makes them a popular and low-cost way for investors to gain exposure to a broad market.

Funds That Attempt to Mirror the Movements of Existing Broad