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Vanguard 500 Index Fund
A mutual fund that aims to replicate the performance of the S&P 500 Index, providing investors with broad exposure to 500 of the largest U.S. companies.
S&P 500
A financial index measuring the performance of the top 500 large-cap companies on U.S. stock exchanges.
Market Value Weight
An investment strategy that involves constructing a portfolio where each asset is weighted according to its market capitalization.
Open-end Mutual Funds
Investment funds that continually issue new shares and buy back existing shares from investors, without a fixed number of shares.
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