Tag: PassiveInvesting

The story of index funds is a chronicle of transformation and growth. From humble beginnings as mere measures of market performance to their current status as cornerstones of investment portfolios, equity index funds have changed the way we invest. This journey through the history of equity indices reveals how they became one of the most popular financial instruments for individual and institutional investors alike. The Birth of the First Index The history of equity indexing begins with the creation of the Dow Jones Industrial Average (DJIA) in 1896. Charles Dow's brainchild,...