Pure index fund

(redirected from Pure Index Funds)

Pure index fund

A portfolio that is managed so as to perfectly replicate the performance of the market portfolio.

Pure Index Fund

A portfolio or fund that is actively managed such that its return exactly matches the return of the broader market. For example, if the market portfolio (a hypothetical portfolio of all assets available to investors) returns 3% in a given year, a pure index fund also returns 3%.
References in periodicals archive ?
However, we do not restrict our sample to pure index funds and ETFs, but also include enhanced index funds and closet indexers to construct a more complete measure of passive ownership.
Panel A repeats the cross-sectional regression in Table III but includes only pure index funds and exchange-traded funds (ETFs) in the passive fund sample.
For a pure index fund, AS will be close to zero, as the weight of each asset in the fund portfolio equals the asset weight in the benchmark index.
Lipper determined that the E*TRADE Index Funds had the lowest effective expenses as of January 4, 2006, by comparing them to other Pure Index Funds in the same Lipper Investment Classifications/Objective, while excluding institutional and other mutual funds requiring minimum investments of $100,000 or more and exchange-traded funds.
Fidelity Magellan); and zero Active Share and zero tracking error are pure index funds (e.
Lipper determined that the E*TRADE Index Funds had the lowest effective expenses as of February 1, 2005, by comparing them to other Pure Index Funds in the same Lipper Investment Classifications/Objective, while excluding institutional and other mutual funds requiring minimum investments of $250,000 or more and exchange-traded funds.
Lipper determined that the E*TRADE Index Funds had the lowest effective expenses as of December 1, 2004 by comparing them to other Pure Index Funds in the same Lipper Investment Classifications/Objective, while excluding institutional and other mutual funds requiring minimum investments of $250,000 or more and exchange-traded funds.