A mutual fund whose holdings mirror the composition of a stock market index or group of indexes.
- 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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