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What are the roles of Index Fund Analysts?

I am curious about index fund analysts. I mean it is an index fund so the analysts in this group will not be doing any price multiple calculations or analyzing its financial statements. Are they responsible for making sure the firms do belong in the index by calculating their market value or what not? And what is an average or competitive salary for index analysts?

Also some index funds have alpha enhancements leading to style drift and tracking error.

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thanks for answering my question. So this is probably considered an entry level position compared to say portfolio analyst? Therefore, the pay will be around $40,000?

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