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Which company first launched the world's first index fund?
Index funds, as the name implies, are fund products with specific indexes (such as Shanghai and Shenzhen 300 Index, S&P 500 Index, Nasdaq 100 Index, Nikkei 225 Index, etc.) as the target. ) as the underlying index, and take the constituent stocks of the index as the investment object, build a portfolio by buying all or part of the constituent stocks of the index, and track the performance of the underlying index.

The world's first index fund appeared in the United States 197 1, which is an index fund product introduced by Wells Fargo to institutional investors.

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Response time: 2021-10-21. Please refer to the latest business changes announced by Ping An Bank in official website.