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An index fund just mimics the market and has no research behind it. It's meant to perform just as the market does.
by _lex 14y ago
An index fund just mimics the market and has no research behind it. It's meant to perform just as the market does.
- rm999 14y agoThis is why I said 'reflects'. An index reflects the market, so any research that goes into the market goes into pricing the index fund.