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Quantitative Finance · Glossaire

Qu'est-ce que « Index fund, rank day » ?

Aussi appelé : index fund · rank day

Definition 10.1 Strategies I: Equities and Futures · Chapitre 10 — Index Rebalancing

An index fund holds the securities of an index in the index’s weights, so that its trades follow the index’s changes rather than any view of the securities. A rank day is the date on which a rules-based index measures the characteristics (capitalisation, float, liquidity) that decide its membership at the next reconstitution.

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