Cresson, John E.; Mike Cudd, R.; Lipscomb, Tom J. - In: Managerial Finance 28 (2002) 7, pp. 1-8
Notes the popularity of index funds with US investors, refers to research on fund performance compared with indexes and presents a study comparing daily returns of S&P 500 index funds with the index itself. Explains the methodology and presents the results, which show that the funds “fall well...