Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (730)	1/1/1999 2:52:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 41369

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. Yeah, Frank, it has always been my understanding that the funds made their money off "the daily grind", the 2% to 5% fees they charge their customers every year for running the fund.

To: Uncle Frank who wrote (730)	1/1/1999 3:07:00 PM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 41369

UF, Different funds have different policies. I think most of the index funds hold a position in all the stocks but weight the performers more heavily. The index is the benchmark to beat. "" 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. "" The statement doesn't say if the "appropriately weighted" is the S&P weighting or a weighting they determine within the fund. I gave a presentation to fund managers and I don't recall any hands going up when I asked who emulated the S&P weighting and the talk around the coffee machine led me to believe they use their own weighting. cd