index-fund

index fund

noun
a fund, as a mutual fund or pension fund, with a portfolio that contains many of the securities listed in a major stock index in order to match the performance of the stock market generally.

Origin:
1975–80

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
index fund

noun
1. a mutual fund whose assets are stocks on a given list 
2. a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index 
WordNet® 3.0, © 2006 by Princeton University.
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