The goal of a passive index fund is to track the performance of a particular market index, such as the S&P 500, Russell 3000, etc. To do this, the fund manager must buy all of the stocks in the index, or a representative sample of the stocks. The manager does not try to pick individual stocks that they think will outperform the market.
The research that a passive index fund manager does is focused on identifying the stocks that are included in the index. The manager must ensure that the fund's holdings are accurate and up-to-date. They also need to monitor the index to make sure that it is representative of the market.
Read the prospectus!
Nothing burger per the usual... Longs grasping at straws.
#scam
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