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Political Factoid

Although not recognized as such at the time,
the very first U.S. index stock fund was
created by Stanley Arnold in the 1950s.
 
  
It was the grand prize of an advertising contest
created by Arnold for Remington Rand, and was
called "A Share in America" and consisted of one
share of every stock on the New York Stock Exchange.
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Last updated * 2014-01-04
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