FYI: If you are going to go with active
management you perhaps ought to go all out.
The more your mutual fund trades, the better it will do,
particularly if it is small and charges high fees is the upshot
of a new study. While some questions are unanswered, the active
versus passive investment debate is more complex than the
aggregate data showing active underperformance shows.
Regards,
Ted
http://blogs.reuters.com/james-saft/2014/12/03/the-value-of-truly-active-investment/
