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What is Index Hugger?

posted November 2, 2009 - 2:42am
What is Index Hugger?

Index Hugger which is also known as closet tracker or pseudo tracker is mutual manager outperforms. As an investor we pay some fee and cost to the manager so they can manage a portfolio that will give the investor high money but in reality the manager is not able to loss the index.


Website: http://www.investopedia.com/terms/i/indexhugger.as...
Author: Chapter
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