Back to top

Image: Bigstock

SWPPX

Read MoreHide Full Article

SWPPX is a passive index fund tracking the S&P 500, aiming to replicate its performance by investing at least 80% in index stocks, typically higher. It adjusts holdings for practical considerations and may pre-empt index changes. Uses derivatives and securities lending to enhance tracking and offset costs. Concentrates in sectors as per the index.