The fund whose main objective is to simply match the market known as a(n)____ fund.

Name: The fund whose main objective is to simply match the market known as a(n)____ fund.
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Question

Quizplus · Accepted Answer

An index fund aims to replicate the performance of a specific market index, such as the S&P 500. Therefore, it simply matches the market and is a passive investment vehicle. The other options, such as balanced, preferred stock, and money market funds, have different objectives and investment strategies.

The Fund Whose Main Objective Is to Simply Match the Market