Business / Finance / Index Fund: An investment/trading strategy that exploits divergences between actual and theoretical futures prices. An example is the simultaneous buying (selling) of stock index futures (i.e., S&P 500) while selling (buying) the underlying stocks of that index, capturing as profit the temporarily inflated basis between these two baskets. Often, the point at which profitability exists is expressed at the block call as the number of points the future must be over or under the underlying basket for an arbitrage opportunity to exist. See: Program trading.
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Index Adjective Synonyms: mark, sign, clue, token, hint, pointer, indicator, indication, guide
Index Noun Synonyms: guide, directory, list, listing, table of contents, catalogue, key, thesaurus
Business / Taxes / Tax-Efficient Funds: When a mutual fund minimizes the income earnings and capital gains it distributes to its shareholders, it may be described as a tax-efficient fund. In general, the smaller a fund's turnover, or the le MORE
Business / Taxes / Enhanced Index Fund: An enhanced index fund chooses selectively among the stocks in a particular index in order to produce a slightly higher return. By contrast, an index fund strives to mirror the performance of a partic MORE