2020-06-01 07:32:00, James Royal, Bankrate
Content Categorization
/Finance/Investing
Word Count:
1136
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20
Reading Time:
11.36 min
Reading Quality:
Advanced
Readability:
16th or higher
Schwab S&P 500 Index Fund (SWPPX)With nearly $40 billion in assets (as of May 2020), the Schwab S&P 500 Index Fund is on the smaller side of the heavyweights on this list, but that's not really a concern for investors.
This index may be created by the fund manager itself or by another company such as an investment bank or a brokerage.
These fund managers then mimic the index, creating a fund that looks as much as possible like the index, without actively managing the fund.
Bottom lineThese are some of the best S&P 500 index funds on the market, offering investors a way to own the stocks of the S&P 500 at low cost, while still enjoying the benefits of diversification and lower risk.
Best index funds for June 2020The list below includes S&P 500 index funds from a variety of companies, and it includes some of the lowest-cost funds trading on the public markets.
Fidelity ZERO Large Cap Index (FNILX)The Fidelity ZERO Large Cap Index mutual fund is part of the investment company's foray into mutual funds with no expense ratio, thus its ZERO moniker.
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