Index Funds - University of Arkansas
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Transcript Index Funds - University of Arkansas
By: Brad Chastain
Index funds attempt to match the performance of a
broad market index. These funds offer essentially the
same potential rewards – and the same risks – as the
market in general. They provide an easy, cost-effective
way to own stocks.
Equity Index 500 Fund (PREIX)
Objective: The fund seeks to match the performance of the Standard &
Poor's 500 Stock Index®. The S&P 500 is made up of primarily largecapitalization companies that represent a broad spectrum of the U.S.
economy and a substantial part of the U.S. stock market's total
capitalization.
NAV: $29.85
This is a high risk/ high reward Fund
Morning Star rating ***
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