A fund formulated to mimic the activity of a major stock index, such as the Nasdaq. A passive exchange traded fund tends to perform as well or as poorly as the index it matches. Investors generally pay low fees for these funds because minimal fund manager involvement is required. The fund can be traded on an intraday basis. Opposite of active exchange traded fund (ETF).
Related information about passive exchange traded fund:
- What is passive exchange traded fund? definition and meaning
Definition of passive exchange traded fund: A fund formulated to mimic the activity ... A passive exchange traded fund tends to perform as well or as poorly as the ...
- What is passive bond? definition and meaning
passive bond. passive activity loss (PAL) · passive exchange traded fund. Definition. A bond that does not yield any interest for the bond holder. Recommended ...
- New ETFs Use Stock Picks from Hedge Funds - Barrons.com
Jun 16, 2012 ... That may be the rub in packaging "alpha" in a passive exchange-traded fund: Index-tracking investments live and die by rules; active managers ...
- the presentation slides - FA Magazine
Delivering market neutral investing through a registered 40 Act passive exchange traded fund, creates access to liquid alternative investments. Sponsored by ...
- ETF Data: Correlations Rising Again | ETF Trends
May 4, 2012 ... Rising market correlations can affect both active and passive exchange traded fund investors in their quest for diversification. As correlations ...
- Claymore Solar Energy ETF Review
TAN, which was launched on April 15th, is a passive exchange-traded fund (as oppose to active ETF) that uses MAC Global Solar Energy Index (ticker SUNIDX) ...
- EconPapers: The Spider in the Hedge
Oct 27, 2012 ... Abstract: This paper provides an empirical study of the effectiveness of hedging the spider, a passive exchange traded fund (ETF) that ...
- 7IM – Moderately Cautious Asset Allocated Passives Fund | The ...
Jun 13, 2008 ... Using a passive Exchange Traded Fund, 7IM is able to invest directly in precise baskets of, for example, water or timber stocks and thus take ...