Explained in plain English
Are there different types of funds?
Absolutely! Funds are basically pots of money managed by professionals, investing in things like shares or bonds. Some, like the index-tracking funds mentioned in the SpaceX story, simply mirror an index. Others are actively managed, aiming to beat the market, or focus on specific areas like tech or ethical investments.
Stories that explain this
SpaceX shares entered Nasdaq 100 following rule changes.Questions this opens up
What are index funds? What are actively managed funds? What are ethical funds?This explainer came from a news story
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