{"id":404,"date":"2014-10-06T15:04:35","date_gmt":"2014-10-06T19:04:35","guid":{"rendered":"https:\/\/www.bu.edu\/hr\/?page_id=404"},"modified":"2023-01-19T11:25:41","modified_gmt":"2023-01-19T16:25:41","slug":"tier-2-core-mutual-funds","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/hr\/finances\/retirement-planning-resources-tools\/tier-2-core-mutual-funds\/","title":{"rendered":"Tier 2 &#8211; Core Mutual Funds"},"content":{"rendered":"<h6 style=\"background: white; margin: 0in 0in 18.75pt 0in;\"><strong>Investing Style: A broad selection of equity index funds designed to mirror a market index or benchmark<\/strong><span style=\"font-size: 12.0pt; line-height: 107%; font-family: 'Helvetica',sans-serif; color: #3385c8;\"><o:p><\/o:p><\/span><\/h6>\n<p>Passively managed funds\u2014commonly known as \u201cindex funds\u201d\u2014seek to approximate their benchmark\u2019s performance, rather than beat their benchmarks. A benchmark is what the investment\u2019s returns are compared to in order to measure performance. Because the objective is to simply mirror the holdings and return of an index, less research is needed, transactions occur less frequently, and expenses tend to be lower than those of actively managed funds.<o:p><\/o:p><\/p>\n<p style=\"background: white; margin: 0in 0in 18.75pt 0in;\">Ultimately, index funds are designed to provide exposure to a broad selection of securities at a relatively low cost. While these funds typically perform very similarly to the index they track, you should be aware that index funds cannot be expected to meet or beat the index\u2019s performance.<\/p>\n<table width=\"645\" height=\"101\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><strong>Fund Name<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Ticket Symbol<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.bu.edu\/hr\/documents\/Vanguard_Total_Stock_Market_Index_Fund_Institutional_Shares_Fundsheet.pdf\">Vanguard Total Stock Market Index Fund Institutional Shares<\/a><\/td>\n<td>VTSAX<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.bu.edu\/hr\/documents\/Vanguard_FTSE_Social_Index_Fund_Institutional_Shares.pdf\">Vanguard FTSE Social Index Fund- Institutional<\/a><\/td>\n<td>VFTNX<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.bu.edu\/hr\/documents\/Vanguard_FTSE_Social_Index_Fund_Institutional_Shares.pdf\">Vanguard Total International Stock Index Fund &#8211; Institutional\u00a0<\/a><\/td>\n<td>VTSNX<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Investing Style: A broad selection of equity index funds designed to mirror a market index or benchmark Passively managed funds\u2014commonly known as \u201cindex funds\u201d\u2014seek to approximate their benchmark\u2019s performance, rather than beat their benchmarks. A benchmark is what the investment\u2019s returns are compared to in order to measure performance. Because the objective is to simply [&hellip;]<\/p>\n","protected":false},"author":8774,"featured_media":0,"parent":400,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/404"}],"collection":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/users\/8774"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/comments?post=404"}],"version-history":[{"count":38,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/404\/revisions"}],"predecessor-version":[{"id":19272,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/404\/revisions\/19272"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/400"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/media?parent=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}