Because the fund does not have to pay some hotshot (and expensive) MBA fund manager to pick stocks, an index fund is often cheaper than any other mutual fund.

因为这种基金不用花钱雇用重量级(并且很贵)的MBA基金管理者来选择股票，而且指数基金一般以其它基金更便宜。

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By owning index fund shares, mutual funds, and ETFs, and by using derivatives for China-based indexes, virtually anyone can acquire a DE facto equity position in China.

指数基金持有股票，基金，etf，并应用衍生品之外，为中国的索引，现实上每团体都可以取得一个现实上的股权位置。

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In those markets, a traditional index mutual fund will be a far better choice.

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By contrast, with a traditional index mutual fund, "you're always buying at the net asset value, " Mr. Goldie notes.

WSJ: ETFs for Investors Who Buy and Hold

Acquisition cost vs. a traditional index mutual fund is no longer a consideration.

FORBES: ETFs Are Friendly On Fees But Not Always Your Best Bet