SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cosmo Daisey who wrote (726)1/1/1999 2:46:00 PM
From: Uncle Frank  Read Replies (2) of 41369
 
>>>The index funds need to return the results of the index but they don't have to hold all the stocks in the index or the exact percent that makes up the index.

Cosmo, I had the same impression until it was dispelled by someone who posted this paragraph from the charter of vfinx, the largest Index fund at $65B:

The fund seeks to provide investment results that correspond to the
price and yield performance of publicly-traded common stocks, as
represented by the Standard & Poor's 500 Composite Stock Price
Index. It attempts to duplicate the investment performance of the
S&P Index by owning all of the 500 stocks contained in the Index,
appropriately weighted.

Happy 1999,
Frank

btw, my wife I saw the movie, "You've Got Mail" last night, and it was a marvellous advertisement for AOL. I think they're missing a good bet though; they should be passing out aol CD's after every showing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News