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Closet Index Fund #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much So That Pretty Soon, The Fund Is Just A Closet Index Fund.

Wednesday, August 30th, 2017 - Closet
Photo 3 of 6Closet Index Fund  #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much  So That Pretty Soon, The Fund Is Just A Closet Index Fund.

Closet Index Fund #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much So That Pretty Soon, The Fund Is Just A Closet Index Fund.

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 Closet Index Fund  #1 2016-08-31 09_57_23-New NotificationCloset Index Fund  #2 A Closet Indexer Holds A Portfolio That Is Nearly Identical To The  Benchmark. These Actively Managed Funds Charge A Higher Fee, Commensurate  With An .Closet Index Fund  #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much  So That Pretty Soon, The Fund Is Just A Closet Index Fund.Ordinary Closet Index Fund Design Ideas #4 Source: AthenaInvest, Morningstar, Inc. | Notes: * Closet Index Equity Funds  Comprise All Funds Which Carry An Athena Fund Diamond Rating Of 1.The Results Are Hypothetical Results And Are NOT An Indicator Of Future  Results And Do NOT (superior Closet Index Fund  #5)In General, I Agree With The Cited Academic Paper Referring To Closet Index  Funds As A “gigantic Mis-selling Phenomenon.” I Don't Think We Should Ban  These . ( Closet Index Fund #6)
Along with changing the rack, apply some factors within older residences, as an example, the selection of elegant sofa blankets, wall hangings fashion pop-art, or even a vase of colorful containers. Select which have variations of clear collections, feel and bolder shades. Blend those two variations in one spot. Eg adjustment of furniture that is antique with upholstery that is more modern.

So is the home that will be very long. Well, it is possible to work this around by the addition of a Closet Index Fund #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much So That Pretty Soon, The Fund Is Just A Closet Index Fund. in a room that's too broad or switching capabilities. For example the majority of the kitchen along with space, while 1 / 2 of the living room used being a storage

It and various outdated table chairs minimalist could also incorporate. Objects including tables backyard / rattan chairs, large potted flowers, and terrace can also enhance the sweetness of the interior of the old-house that is house.The is not just like a property today. Space's department sometimes appears peculiar. While the bedroom is quite slender, eg consequently roomy family area.

Closet

clos•et (klozit),USA pronunciation n. 
  1. a small room, enclosed recess, or cabinet for storing clothing, food, utensils, etc.
  2. a small private room, esp. one used for prayer, meditation, etc.
  3. a state or condition of secrecy or carefully guarded privacy: Some conservatives remain in the closet except on election day. Gay liberation has encouraged many gay people to come out of the closet.
  4. See  water closet. 

adj. 
  1. private;
    secluded.
  2. suited for use or enjoyment in privacy: closet reflections; closet prayer.
  3. engaged in private study or speculation;
    speculative;
    unpractical: a closet thinker with no practical experience.
  4. being or functioning as such in private;
    secret: a closet anarchist.

v.t. 
  1. to shut up in a private room for a conference, interview, etc. (usually used in the passive voice): The Secretary of State was closeted with the senator for three hours in a tense session.

Index

in•dex (indeks),USA pronunciation n., pl.  -dex•es, -di•ces (-də sēz′),USA pronunciation v. 
n. 
  1. (in a nonfiction book, monograph, etc.) a more or less detailed alphabetical listing of names, places, and topics along with the numbers of the pages on which they are mentioned or discussed, usually included in or constituting the back matter.
  2. a sequential arrangement of material, esp. in alphabetical or numerical order.
  3. something used or serving to point out;
    a sign, token, or indication: a true index of his character.
  4. something that directs attention to some fact, condition, etc.;
    a guiding principle.
  5. a pointer or indicator in a scientific instrument.
  6. a piece of wood, metal, or the like, serving as a pointer or indicator.
    • a value that identifies and is used to locate a particular element within a data array or table.
    • a reference table that contains the keys or references needed to address data items.
  7. Also called  fist, hand. [Print.]a sign in the shape of a hand with extended index finger, used to point out a particular note, paragraph, etc.
  8. a light, smooth cardboard stock.
  9. the forefinger.
  10. a number or formula expressing some property, ratio, etc., of something indicated: index of growth; index of intelligence.
  11. [Statistics.]See  index number. 
  12. See  price index. 
  13. [Algebra.]
    • an exponent.
    • the integer n in a radical &noverradic;
      defining the n- th root: &3overfullradicover;
      is a radical having index three.
    • a subscript or superscript indicating the position of an object in a series of similar objects, as the subscripts 1, 2, and 3 in the series x1, x2, x3.
    • See  winding number. 
  14. [Horol.]a leverlike regulator for a hairspring.
  15. (cap.) [Rom. Cath. Ch.]
    • See  Index Librorum Prohibitorum. 
    • See  Index Expurgatorius. 
  16. (usually cap.) any list of forbidden or otherwise restricted material deemed morally or politically harmful by authorities: an Index of disapproved books relating to Communism.
  17. [Optics.]See  index of refraction. 
  18. [Obs.]
    • a table of contents.
    • a preface or prologue.

v.t. 
  1. to provide with an index, as a book.
  2. to enter in an index, as a name or topic.
  3. to serve to indicate: warm breezes indexing the approach of spring.
  4. to place (a book) on an official list as politically or morally harmful: The commissar insisted on indexing the book.
  5. to rotate (work) on a milling machine in order to repeat the milling operation at a new position.
  6. to adjust (wages, taxes, etc.) automatically according to changes in the cost-of-living level or another economic indicator, esp. to offset inflation.
index•a•ble, adj. 
index•er, n. 
in•dexi•cal, adj. 
in•dexi•cal•ly, adv. 
index•less, adj. 

Fund

fund (fund),USA pronunciation n. 
  1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
  2. supply;
    stock: a fund of knowledge; a fund of jewels.
  3. funds, money immediately available;
    pecuniary resources: to be momentarily without funds.
  4. an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.

v.t. 
  1. to provide a fund to pay the interest or principal of (a debt).
  2. to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
  3. to allocate or provide funds for (a program, project, etc.).

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

More

more (môr, mōr),USA pronunciation adj., [compar. of] much [or]many [with]most [as superl.]
  1. in greater quantity, amount, measure, degree, or number: I need more money.
  2. additional or further: Do you need more time? More discussion seems pointless.

n. 
  1. an additional quantity, amount, or number: I would give you more if I had it. He likes her all the more. When I could take no more of such nonsense, I left.
  2. a greater quantity, amount, or degree: More is expected of him. The price is more than I thought.
  3. something of greater importance: His report is more than a survey.
  4. (used with a pl. v.) a greater number of a class specified, or the greater number of persons: More will attend this year than ever before.

adv. [compar. of  much with  most as superl.]
  1. in or to a greater extent or degree (in this sense often used before adjectives and adverbs, and regularly before those of more than two syllables, to form comparative phrases having the same force and effect as the comparative degree formed by the termination -er): more interesting; more slowly.
  2. in addition;
    further;
    longer;
    again: Let's talk more another time. We couldn't stand it any more.
  3. moreover.
  4. more and more, to an increasing extent or degree;
    gradually more: They became involved more and more in stock speculation.
  5. more or less: 
    • to some extent;
      somewhat: She seemed more or less familiar with the subject.
    • about;
      in substance;
      approximately: We came to more or less the same conclusion.
moreness, n. 

Cap

cap1  (kap),USA pronunciation n., v.,  capped, cap•ping. 
n. 
  1. a close-fitting covering for the head, usually of soft supple material and having no visor or brim.
  2. a brimless head covering with a visor, as a baseball cap.
  3. mobcap.
  4. a headdress denoting rank, occupation, religious order, or the like: a nurse's cap.
  5. mortarboard (def. 2).
  6. [Math.]the symbol ∩, used to indicate the intersection of two sets. Cf. intersection (def. 3a).
  7. anything resembling or suggestive of a covering for the head in shape, use, or position: a cap on a bottle.
  8. summit;
    top;
    acme.
  9. a maximum limit, as one set by law or agreement on prices, wages, spending, etc., during a certain period of time;
    ceiling: a 9 percent cap on pay increases for this year.
  10. [Mycol.]the pileus of a mushroom.
  11. [Bot.]calyptra (def. 1).
  12. [Mining.]a short, horizontal beam at the top of a prop for supporting part of a roof.
  13. a percussion cap.
  14. a selection for a representative team, usually for a national squad.
  15. a noise-making device for toy pistols, made of a small quantity of explosive wrapped in paper or other thin material.
  16. [Naut.]a fitting of metal placed over the head of a spar, as a mast or bowsprit, and having a collar for securing an additional spar.
  17. a new tread applied to a worn pneumatic tire.
  18. [Archit.]a capital.
  19. [Carpentry.]a metal plate placed over the iron of a plane to break the shavings as they rise.
  20. [Fox Hunting.]See  capping fee. 
  21. [Chiefly Brit. Slang.]a contraceptive diaphragm.
  22. cap in hand, humbly;
    in supplication: He went to his father cap in hand and begged his forgiveness.
  23. set one's cap for, to pursue as being a potential mate.

v.t. 
  1. to provide or cover with or as if with a cap.
  2. to complete.
  3. follow up with something as good or better;
    surpass;
    outdo: to cap one joke with another.
  4. to serve as a cap, covering, or top to;
    overlie.
  5. to put a maximum limit on (prices, wages, spending, etc.).
  6. [Brit. Sports.]to select (a player) for a representative team.

v.i. 
  1. [Fox Hunting.]to hunt with a hunting club of which one is not a member, on payment of a capping fee.
capless, adj. 

In

in (in),USA pronunciation prep., adv., adj., n., v.,  inned, in•ning. 
prep. 
  1. (used to indicate inclusion within space, a place, or limits): walking in the park.
  2. (used to indicate inclusion within something abstract or immaterial): in politics; in the autumn.
  3. (used to indicate inclusion within or occurrence during a period or limit of time): in ancient times; a task done in ten minutes.
  4. (used to indicate limitation or qualification, as of situation, condition, relation, manner, action, etc.): to speak in a whisper; to be similar in appearance.
  5. (used to indicate means): sketched in ink; spoken in French.
  6. (used to indicate motion or direction from outside to a point within) into: Let's go in the house.
  7. (used to indicate transition from one state to another): to break in half.
  8. (used to indicate object or purpose): speaking in honor of the event.
  9. in that, because;
    inasmuch as: In that you won't have time for supper, let me give you something now.

adv. 
  1. in or into some place, position, state, relation, etc.: Please come in.
  2. on the inside;
    within.
  3. in one's house or office.
  4. in office or power.
  5. in possession or occupancy.
  6. having the turn to play, as in a game.
  7. [Baseball.](of an infielder or outfielder) in a position closer to home plate than usual;
    short: The third baseman played in, expecting a bunt.
  8. on good terms;
    in favor: He's in with his boss, but he doubts it will last.
  9. in vogue;
    in style: He says straw hats will be in this year.
  10. in season: Watermelons will soon be in.
  11. be in for, to be bound to undergo something, esp. a disagreeable experience: We are in for a long speech.
  12. in for it, [Slang.]about to suffer chastisement or unpleasant consequences, esp. of one's own actions or omissions: I forgot our anniversary again, and I'll be in for it now.Also,[Brit.,] for it. 
  13. in with, on friendly terms with;
    familiar or associating with: They are in with all the important people.

adj. 
  1. located or situated within;
    inner;
    internal: the in part of a mechanism.
  2. [Informal.]
    • in favor with advanced or sophisticated people;
      fashionable;
      stylish: the in place to dine; Her new novel is the in book to read this summer.
    • comprehensible only to a special or ultrasophisticated group: an in joke.
  3. well-liked;
    included in a favored group.
  4. inward;
    incoming;
    inbound: an in train.
  5. plentiful;
    available.
  6. being in power, authority, control, etc.: a member of the in party.
  7. playing the last nine holes of an eighteen-hole golf course (opposed to out): His in score on the second round was 34.

n. 
  1. Usually,  ins. persons in office or political power (distinguished from outs).
  2. a member of the political party in power: The election made him an in.
  3. pull or influence;
    a social advantage or connection: He's got an in with the senator.
  4. (in tennis, squash, handball, etc.) a return or service that lands within the in-bounds limits of a court or section of a court (opposed to out).

v.t. Brit. [Dial.]
  1. to enclose.

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

Lower

low•er1  (lōər),USA pronunciation v.t. 
  1. to cause to descend;
    let or put down: to lower a flag.
  2. to make lower in height or level: to lower the water in a canal.
  3. to reduce in amount, price, degree, force, etc.
  4. to make less loud: Please lower your voice.
  5. to bring down in rank or estimation;
    degrade;
    humble;
    abase (oneself ), as by some sacrifice of self-respect or dignity: His bad actions lowered him in my eyes.
  6. [Music.]to make lower in pitch;
    flatten.
  7. to alter the articulation of (a vowel) by increasing the distance of the tongue downward from the palate: The vowel of "clerk'' is lowered to(ä) in the British pronunciation.

v.i. 
  1. to become lower, grow less, or diminish, as in amount, intensity, or degree: The brook lowers in early summer. Stock prices rise and lower constantly.
  2. to descend;
    sink: the sun lowering in the west.

adj. 
  1. comparative of  low 1.
  2. of or pertaining to those portions of a river farthest from the source.
  3. (often cap.) Stratig. noting an early division of a period, system, or the like: the Lower Devonian.

n. 
  1. a denture for the lower jaw.
  2. a lower berth.
lower•a•ble, adj. 

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

Much

much (much),USA pronunciation adj.,  more, most, n., adv.,  more, most. 
adj. 
  1. great in quantity, measure, or degree: too much cake.

n. 
  1. a great quantity, measure, or degree: Much of his research was unreliable.
  2. a great, important, or notable thing or matter: The house is not much to look at.
  3. make much of: 
    • to treat, represent, or consider as of great importance: to make much of trivial matters.
    • to treat with great consideration;
      show fondness for;
      flatter.

adv. 
  1. to a great extent or degree;
    greatly;
    far: to talk too much; much heavier.
  2. nearly, approximately, or about: This is much like the others.
  3. much as: 
    • almost the same as: We need exercise, much as we need nourishment.
    • however much: Much as she wanted to stay at the party, she had to leave.

That

that (ᵺat; unstressed ᵺət),USA pronunciation pron. and adj., pl.those;
 adv.;
  conj.
pron. 
  1. (used to indicate a person, thing, idea, state, event, time, remark, etc., as pointed out or present, mentioned before, supposed to be understood, or by way of emphasis): That is her mother. After that we saw each other.
  2. (used to indicate one of two or more persons, things, etc., already mentioned, referring to the one more remote in place, time, or thought;
    opposed to this): This is my sister and that's my cousin.
  3. (used to indicate one of two or more persons, things, etc., already mentioned, implying a contrast or contradistinction;
    opposed to this): This suit fits better than that.
  4. (used as the subject or object of a relative clause, esp. one defining or restricting the antecedent, sometimes replaceable by who, whom, or which): the horse that he bought.
  5. (used as the object of a preposition, with the preposition standing at the end of a relative clause): the farm that I spoke of.
  6. (used in various special or elliptical constructions): fool that he is.
  7. at that: 
    • in spite of something;
      nevertheless: Although perhaps too elaborate, it seemed like a good plan at that.
    • in addition;
      besides: It was a long wait, and an exasperating one at that.
  8. that is, (by way of explanation, clarification, or an example);
    more accurately: I read the book, that is, I read most of it.Also,  that is to say. 
  9. that's that, there is no more to be said or done;
    that is finished: I'm not going, and that's that!
  10. with that, following that;
    thereupon: With that, he turned on his heel and fled.

adj. 
  1. (used to indicate a person, place, thing, or degree as indicated, mentioned before, present, or as well-known or characteristic): That woman is her mother. Those little mannerisms of hers make me sick.
  2. (used to indicate the more remote in time, place, or thought of two persons, things, etc., already mentioned;
    opposed to this): This room is his and that one is mine.
  3. (used to imply mere contradistinction;
    opposed to this): not this house, but that one.
  4. that way, [Informal.]in love or very fond of (usually fol. by about or for): The star and the director are that way. I'm that way about coffee.

adv. 
  1. (used with adjectives and adverbs of quantity or extent) to the extent or degree indicated: that much; The fish was that big.
  2. to a great extent or degree;
    very: It's not that important.
  3. [Dial.](used to modify an adjective or another adverb) to such an extent: He was that weak he could hardly stand.

conj. 
  1. (used to introduce a subordinate clause as the subject or object of the principal verb or as the necessary complement to a statement made, or a clause expressing cause or reason, purpose or aim, result or consequence, etc.): I'm sure that you'll like it. That he will come is certain. Hold it up so that everyone can see it.
  2. (used elliptically to introduce an exclamation expressing desire, a wish, surprise, indignation, or other strong feeling): Oh, that I had never been born!

The

the1  (stressed ᵺē; unstressed before a consonant ᵺə;
unstressed before a vowel ᵺē),USA pronunciation
 definite article. 
  1. (used, esp. before a noun, with a specifying or particularizing effect, as opposed to the indefinite or generalizing force of the indefinite article a or an): the book you gave me; Come into the house.
  2. (used to mark a proper noun, natural phenomenon, ship, building, time, point of the compass, branch of endeavor, or field of study as something well-known or unique):the sun;
    the Alps;
    theQueen Elizabeth;
    the past; the West.
  3. (used with or as part of a title): the Duke of Wellington; the Reverend John Smith.
  4. (used to mark a noun as indicating the best-known, most approved, most important, most satisfying, etc.): the skiing center of the U.S.; If you're going to work hard, now is the time.
  5. (used to mark a noun as being used generically): The dog is a quadruped.
  6. (used in place of a possessive pronoun, to note a part of the body or a personal belonging): He won't be able to play football until the leg mends.
  7. (used before adjectives that are used substantively, to note an individual, a class or number of individuals, or an abstract idea): to visit the sick; from the sublime to the ridiculous.
  8. (used before a modifying adjective to specify or limit its modifying effect): He took the wrong road and drove miles out of his way.
  9. (used to indicate one particular decade of a lifetime or of a century): the sixties; the gay nineties.
  10. (one of many of a class or type, as of a manufactured item, as opposed to an individual one): Did you listen to the radio last night?
  11. enough: He saved until he had the money for a new car. She didn't have the courage to leave.
  12. (used distributively, to note any one separately) for, to, or in each;
    a or an: at one dollar the pound.

Fund

fund (fund),USA pronunciation n. 
  1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
  2. supply;
    stock: a fund of knowledge; a fund of jewels.
  3. funds, money immediately available;
    pecuniary resources: to be momentarily without funds.
  4. an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.

v.t. 
  1. to provide a fund to pay the interest or principal of (a debt).
  2. to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
  3. to allocate or provide funds for (a program, project, etc.).

Is

is (iz),USA pronunciation v. 
  1. 3rd pers. sing. pres. indic. of  be. 
  2. as is. See  as 1 (def. 21).

Just

just1  ( just),USA pronunciation adj. 
  1. guided by truth, reason, justice, and fairness: We hope to be just in our understanding of such difficult situations.
  2. done or made according to principle;
    equitable;
    proper: a just reply.
  3. based on right;
    rightful;
    lawful: a just claim.
  4. in keeping with truth or fact;
    true;
    correct: a just analysis.
  5. given or awarded rightly;
    deserved, as a sentence, punishment, or reward: a just penalty.
  6. in accordance with standards or requirements;
    proper or right: just proportions.
  7. (esp. in Biblical use) righteous.
  8. actual, real, or genuine.

adv. 
  1. within a brief preceding time;
    but a moment before: The sun just came out.
  2. exactly or precisely: This is just what I mean.
  3. by a narrow margin;
    barely: The arrow just missed the mark.
  4. only or merely: He was just a clerk until he became ambitious.
  5. actually;
    really;
    positively: The weather is just glorious.

Closet

clos•et (klozit),USA pronunciation n. 
  1. a small room, enclosed recess, or cabinet for storing clothing, food, utensils, etc.
  2. a small private room, esp. one used for prayer, meditation, etc.
  3. a state or condition of secrecy or carefully guarded privacy: Some conservatives remain in the closet except on election day. Gay liberation has encouraged many gay people to come out of the closet.
  4. See  water closet. 

adj. 
  1. private;
    secluded.
  2. suited for use or enjoyment in privacy: closet reflections; closet prayer.
  3. engaged in private study or speculation;
    speculative;
    unpractical: a closet thinker with no practical experience.
  4. being or functioning as such in private;
    secret: a closet anarchist.

v.t. 
  1. to shut up in a private room for a conference, interview, etc. (usually used in the passive voice): The Secretary of State was closeted with the senator for three hours in a tense session.

Index

in•dex (indeks),USA pronunciation n., pl.  -dex•es, -di•ces (-də sēz′),USA pronunciation v. 
n. 
  1. (in a nonfiction book, monograph, etc.) a more or less detailed alphabetical listing of names, places, and topics along with the numbers of the pages on which they are mentioned or discussed, usually included in or constituting the back matter.
  2. a sequential arrangement of material, esp. in alphabetical or numerical order.
  3. something used or serving to point out;
    a sign, token, or indication: a true index of his character.
  4. something that directs attention to some fact, condition, etc.;
    a guiding principle.
  5. a pointer or indicator in a scientific instrument.
  6. a piece of wood, metal, or the like, serving as a pointer or indicator.
    • a value that identifies and is used to locate a particular element within a data array or table.
    • a reference table that contains the keys or references needed to address data items.
  7. Also called  fist, hand. [Print.]a sign in the shape of a hand with extended index finger, used to point out a particular note, paragraph, etc.
  8. a light, smooth cardboard stock.
  9. the forefinger.
  10. a number or formula expressing some property, ratio, etc., of something indicated: index of growth; index of intelligence.
  11. [Statistics.]See  index number. 
  12. See  price index. 
  13. [Algebra.]
    • an exponent.
    • the integer n in a radical &noverradic;
      defining the n- th root: &3overfullradicover;
      is a radical having index three.
    • a subscript or superscript indicating the position of an object in a series of similar objects, as the subscripts 1, 2, and 3 in the series x1, x2, x3.
    • See  winding number. 
  14. [Horol.]a leverlike regulator for a hairspring.
  15. (cap.) [Rom. Cath. Ch.]
    • See  Index Librorum Prohibitorum. 
    • See  Index Expurgatorius. 
  16. (usually cap.) any list of forbidden or otherwise restricted material deemed morally or politically harmful by authorities: an Index of disapproved books relating to Communism.
  17. [Optics.]See  index of refraction. 
  18. [Obs.]
    • a table of contents.
    • a preface or prologue.

v.t. 
  1. to provide with an index, as a book.
  2. to enter in an index, as a name or topic.
  3. to serve to indicate: warm breezes indexing the approach of spring.
  4. to place (a book) on an official list as politically or morally harmful: The commissar insisted on indexing the book.
  5. to rotate (work) on a milling machine in order to repeat the milling operation at a new position.
  6. to adjust (wages, taxes, etc.) automatically according to changes in the cost-of-living level or another economic indicator, esp. to offset inflation.
index•a•ble, adj. 
index•er, n. 
in•dexi•cal, adj. 
in•dexi•cal•ly, adv. 
index•less, adj. 

Related Photos of Closet Index Fund #3 The More Cap Weighting In The Portfolio, The Lower The Returns. So Much So That Pretty Soon, The Fund Is Just A Closet Index Fund.