Definition of tracker fund in English:

tracker fund

Syllabification: track·er fund

noun

Finance
  • A mutual fund whose holdings mirror the composition of a stock market index or group of indexes.
    More example sentences
    • Structured products such as trackers allow product providers to take out a margin they couldn't otherwise extract.
    • By saving money each month in a low-cost index tracker, you can take advantage of rising prices when the markets finally turn the corner.
    • Over the past year the average active fund is up 24 % before fees compared with a gain of 22 % for the typical tracker.

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