This «sampling» approach allows portfolio managers to use creations and redemptions to maintain the correct index exposure as indexes change. (proshares.com)
First introduced in 1996, it's the biggest mutual fund offering investors index exposure to equity markets around the globe. (fortune.com)
If someone is mostly on a bond ladder, a missed recession call might not matter that much, but it would for someone with heavy index exposure. (oldprof.typepad.com)