What is an index fund? Relatively low costs and low fuss are 2 perks. An index fund is a type of mutual fund or exchange-traded fund that aims to mimic the performance of an index, such as the S&P 500 ®. Index funds tend to offer investors lower costs and taxes than some other types of funds. They’re also relatively lower maintenance. More @Wikipedia
Hover over any link to get a description of the article. Please note that search keywords are sometimes hidden within the full article and don't appear in the description or title.