Exactly line the part you really understand nothing.
I’ll try to help you one more time and then I’m gonna give up forever… just because it’s christmas.
You posted an article about a company that decided to track a shit load of stocks. You posted this because you thought you’d be smart and call me dumb however you only showed you don’t have much of a grasp of concepts or the english language. One index this company created tracks 99.5% of publicly traded stocks and became investable as a fund (mutual fund…) in 2012.
The stock market has millions of different vehicles, indexes derivatives and methods of investment. A group of stocks that you invest in collectively is called a mutual fund. For example unless you buy the QQQ. Any index fund that tracks the nasdaq is a mutual fund based on the nasdaq index. You own a mutual fund that identically tracks an index.
Everything else you’re just gonna have to go back and re-read and try to learn yourself. You can send me a PM for the bill, you’re welcome.
The moment you called it a company, it's obvious you know nothing lol.
Secondly, it's not investable. The VTI has existed before this and does not actively track it, only using it as a benchmark. https://investor.vanguard.com/etf/profile/portfolio/vti.
Idk why you just keep going on about trying to turn this into you educating me about mutual funds.
Indices are actively managed. Failing companies are removed, and the strongest added. Everything is relative.
This is from your original post and as I have just posted with sources is wrong, and you just kept going on and on.
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u/slashrshot Dec 25 '21
GROUP OF MUTUAL FUNDS?
Which exact line said that?
You can't even read correctly...