Broad-Based Index

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Broad-Based Index

An index that consists of many stocks or stocks in many different industries. Broad-based indices are not terribly useful in gauging the performance of individual industries, but help give an indication on movements in the broader economy. An example of a broad-based index is the Wilshire 5000. See also: Narrow-based.
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Also, the fund will increase the maximum part of its portfolio that may be invested in preferred equity securities from 25% to 40%; the amount of leverage it may use for investment purposes from 25% to 33 1/3% of its managed assets, the maximum permitted; and suspend its strategy of writing (selling) covered options on broad-based indices of securities.
As we near the end of Q1 in 2017, the post-election rally continues across broad-based indices, volatility is relatively low and investors are both optimistic and fearful for what's to come.
We saw broad-based indices rally further lately, off of positive earnings.
Launched in July 2012, the NYSE Century Index outperformed other broad-based indices such as the S&P 500 and NASDAQ 100, with each returning 12.
Once an account balance reached $2,500, the worker could invest in a range of mutual funds that replicated several broad-based indices of securities and did not involve high investor risks.
In addition, broad-based indices mask the diversity of individual hedge fund return characteristics.
Identify accurate tax treatment of options on broad-based indices and exchange traded funds (ETFs);
Schwab will focus principally on enhanced investment strategies in the commodities area, including transactions relating to the major broad-based indices, such as the Dow Jones-AIG Commodity Index, as well as the sub-indices and individual underlying commodities.
s success was a key factor in why the AMEX Composite led every other domestic exchange and most other broad-based indices in 2000," said Salvatore Sodano, AMEX chairman and chief executive officer.