Index fund assets have grown substantially in recent years, nearly tripling from $602 billion in 2008 to $1.7 trillion in 2013, according to research from the Investment Company Institute.
The uptick in the assets of index mutual funds is due to the popularity of low-cost ETFs, increased vigilance of costs in a low-return environment and a general frustration that active managers of core equity products havent been as successful lately, says Lipper analyst Jeff Tjornehoj. For advisors, this has coaxed them to include more index products into their practices.
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