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GIH launches US and European equity index funds.
(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 …
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