What are index funds?

Index funds are a popular investment option for those looking for a simple and cost-effective way to grow their wealth. Designed to track the performance of a specific market index, these funds offer diversification, lower fees, and consistent returns. Whether you're a beginner or a seasoned investor, understanding how index funds work and their benefits can help you make informed investment decisions.

This article was originally published on October 19, 2022, and last updated on November 20, 2024.