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broad-based
(redirected from Broad-Based Index)

   Also found in: Financial 0.01 sec.


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In making the announcement, Trevor Ugolyn, President and Research Director, Power Play Research, said, "We are pleased to introduce this broad-based index, especially given the increased worldwide attention focused on alternative energy.
The answer, in Farmer's view, is for the Fed to set a target for how high it wants the stock market to be by a certain date, then commit to buying enough shares (through broad-based index funds) to hit that target.
The safest way for a beginner to become involved in the stock market is to buy shares in a broad-based index mutual fund, investing the same amount at regular intervals (dollar cost averaging).
 
 
 
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