Index fund

In a sentence

The index fund held a basket of crypto assets designed to track a market benchmark.

• The index fund held a basket of crypto assets designed to track a market benchmark.
• A passive index fund adjusts its holdings according to predefined rules.
• Investors used the index fund to gain diversified exposure through one product.
• The fund rebalanced when the underlying index changed its constituents.
• An index fund may underperform its benchmark after fees and tracking differences.