The S&P 500 Index fund is a(n) ______ fund.
A) active
B) passive
C) dormant
D) moving

Name: The S&P 500 Index fund is a(n) ______ fund. A) active B) passive C) dormant D) moving
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

The S&P 500 Index fund is a passive fund, which means that it tracks the performance of the S&P 500 index, rather than actively trying to beat the market. The objective of a passive fund like this is to provide investors with broad market exposure and to match the returns of the index.

The S&P 500 Index Fund Is A(n) ______ Fund