tracker fund

noun

1. finance an investment fund that is administered so that its value changes in line with the average value of shares in a market

Example Sentences

Some will point to this case as proof that paying charges to a "star" fund manager to try to beat the market is a waste of time and that instead, people should invest in a passive tracker fund.

From BBC

Investors using low-cost funds to track the Hang Seng, like the $11.2 billion Tracker Fund of Hong Kong , have felt the pain.

From Wall Street Journal

In both cases you would have been much better off buying a simple tracker fund.

From BBC

"If you don't want to go down that road, a tracker fund is for you."

From BBC

DLT Financial said it hopes the tracker fund will make such currencies a more attractive investment asset class.

From Reuters