# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Passively Managed Fund

Passively managed fund is a fund whose investment securities are not chosen by a portfolio manager, but instead are automatically selected to match an index or part of the market. This is the opposite of an actively managed fund.

An S&P 500 index fund is a passively managed fund that mimics the S&P 500 index.

 

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