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klemol [59]
3 years ago
9

A mutual fund that attempts to hold quantities of shares in proportion to their representation in the market is called a _______

___ fund.
Business
1 answer:
aniked [119]3 years ago
5 0

Answer:

Index.

Explanation:

Mutual funds are a type of investment that takes money from many investors and uses it to make investments based on a stated investment objective.

An index fund is a type of mutual fund with a portfolio constructed to match or track the components of the market index. These are mutual funds whose holdings aim to track the performance of a specific stock market index. Index funds also track bonds, real estate, and other types of assets.  These funds are lower cost than other types of funds.

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