Vanguard 500 Index Fund is a mutual fund offered by Vanguard that aims to track the performance of the Standard & Poor's 500 Index (S&P 500). The fund invests in large and well-established U.S. companies that are represented in this index. Thanks to its passive index-tracking strategy, the fund does not have an active portfolio manager, reducing costs and eliminating the random element in selecting individual stocks. This fund provides investors with broad diversification and is considered a popular choice for investors who want to track the overall performance of the U.S. stock market. Vanguard 500 Index Fund is a suitable component of a portfolio for investors with a long-term investment horizon and an interest in passive investing.
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