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Investors often choose passively managed index mutual funds or ETFs to achieve broad-scale diversification. BRIEFLY explain one current potential concern that the investment community may

Investors often choose passively managed index mutual funds or ETFs to achieve broad-scale diversification. BRIEFLY explain one current potential concern that the investment community may have with choosing a fund that tracks a value-weighted index such as the S&P 500 in the US. [Your response should demonstrate your understanding of how value-weighted indexes are constructed].

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