Index Fund is trading at 59.39 as of the 12th of December 2024; that is 0.81 percent increase since the beginning of the trading day. The fund's open price was 58.91. Index Fund has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 13th of October 2024 and ending today, the 12th of December 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in a diversified portfolio of equity securities designed to replicate the holdings and weightings of the stocks comprising the SP 500 Index. The advisors invest in substantially all of the common stocks comprising the SP 500 Index and attempt to achieve at least a 95 percent correlation between the performance of the SP 500 Index and the funds investment results, before fees and expenses.. More on Index Fund Class
Index Fund Class [WFINX] is traded in USA and was established 12th of December 2024. Index Fund is listed under Allspring Global Investments category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Allspring Global Investments family. This fund at this time has accumulated 1.15 B in net assets with minimum initial investment of 1 K. Index Fund Class is currently producing year-to-date (YTD) return of 27.11% with the current yeild of 0.0%, while the total return for the last 3 years was 9.43%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Index Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Index Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Index Fund Class Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Index Mutual Fund
Index Fund financial ratios help investors to determine whether Index Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Index with respect to the benefits of owning Index Fund security.