Definition
These are passive funds (including exchange traded funds, or ETFs) that aim to track or mimic an index. Companies like Vanguard and BlackRock have created ETFs that both track the same S&P 500 index.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
Ready to Hatch your tomorrow?
Join the Kiwis who are hatching their tomorrow and have invested more than $1 billion with Hatch.
