What is another word for tracker fund?
Pronunciation: [tɹˈakə fˈʌnd] (IPA) 
A tracker fund, also known as an index fund or an exchange-traded fund (ETF), is an investment vehicle that seeks to mirror the performance of a specific stock market index. These funds achieve this by investing in the same stocks and at the same weights as those in the index. Other synonyms for tracker fund include passively managed fund, passive income fund, standard index fund, or market tracking fund. These funds offer investors a low-cost way to gain exposure to a diversified portfolio of stocks, reducing the risks associated with investing in individual stocks. They are also often used for long-term investments and are particularly popular among those seeking to build a retirement nest egg.
