narrow-based security index

Definition of "narrow-based security index"
  1. A collection of securities that meets one of certain criteria related to the number of components, their weightings, or their aggregate volume
How to use "narrow-based security index" in a sentence
  1. The financial advisor warned that investing entirely in a narrow-based security index could limit diversification.
  2. Due to several standout stocks, the portfolio evolved into a narrow-based security index.
  3. The assessment of the holdings revealed them to be a narrow-based security index.
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