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tracker funda PORTFOLIO of company SHARES which is designed to exactly mirror.
tracker funda PORTFOLIO of company SHARES that is designed to exactly mirror in composition and relative ‘weighting’ the shares making up a selected share index such as the ‘Financial Times Stock Exchange (FTSE) - 100 Share Index’. Tracker funds are operated by UNIT TRUSTS, INVESTMENT
TRUSTS and other INSTITUTIONAL INVESTORS. Unlike many funds that are actively managed by fund managers who buy and sell shares at their discretion n a wide range of companies, tracker funds are passively managed and, as their name implies, simply ‘track’, in a robotic way, the shares comprising the target index. See INDIVIDUAL SAVINGS ACCOUNT (ISA).