The S&P SmallCap Index Fund Class K (SMLKX) is a mutual fund that seeks to track the performance of the S&P SmallCap 600 Index. This index includes 600 small-cap companies in the United States, making it a diversified investment option for those looking to invest in smaller companies. The Class K shares of this fund are typically offered to institutional investors and have lower fees compared to other share classes. This fund provides investors with exposure to the potential growth and returns of small-cap companies while also offering the stability and diversification of an index fund.
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