The Motley Fool Discussion Boards
Investing/Strategies / Index Funds
|Subject: Re: NASDAQ Index Fund???||Date: 1/22/1999 1:19 PM|
|Author: Nizac||Number: 588 of 39325|
ncg2 wrote Does anyone know if there is such a thing as a NASDAQ Index Fund?
to which CJake replied Yes there is, Its symbol is WWIFX and has a $25k minimum and 2.5% load
WWW Internet Fund (WWIFX) is a mutual fund designed to "invest specifically in the stocks of companies building and developing the Internet and World Wide Web." (from Fund Overview)
It is neither an index fund, nor specific to the NASDAQ. For example, it holds Texas Instruments (NYSE:TXN).
Furthermore, it is a no-load fund with a $1000 minimum ($250 in an IRA).
Were you perhaps thinking of a different fund?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|