FYI: Naysayers will tell you that active managers consistently underperform their benchmarks, and thus there’s not much justification for investing in active funds. These same naysayers will tell you that you certainly can’t hope to “beat the market” on your own, so you might as well settle for passive index funds, which are guaranteed to underperform their benchmarks, after fees.
Regards,
Ted
http://dailyalts.com/study-finds-majority-active-funds-outperform/