Passive funds, also recognized as passive index funds, are structured to replicate a given index in the composition of securities and are supposed to match the performance of the index they track, no extra and no less. But — take notice — it additionally means they get all the draw back when that index falls. Founded in 1993, The Motley Fool is a monetary services company devoted to creating the world smarter, happier, and richer. The Motley Fool reaches millions…

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