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(From MENA Business Reports)
Kuwait's Global Investment House (GIH) launched two new funds today, the Global US Equity Index Fund, and the Global European Equity Index Fund, stated a press release. Indexing is an investment strategy that seeks to match the performance of a selected market index, usually through the composition or a simulation to track the performance of the index. An index fund is a mutual fund that mirrors as closely as possible the performance of a stock market index.
Index funds are an excellent foundation for a long-term …