FYI: The adage got pounded for years into investors, and many began to live by it. After seeing so many investments fail to keep up with the Standard & Poor's 500 index, investors put their money instead into low-cost index funds. They were happy to get returns that were the same as the market.
Now, though, a growing number of funds are pitching themselves as ways to get better — or more stable — returns than the market. But instead of hiring stock pickers to get there, these mutual funds and exchange-traded funds track different kinds of indexes.
Regards,
Ted
http://bigstory.ap.org/article/8aee033d20f6400b9233fd4a86f951a5/qa-investors-using-index-funds-try-beat-market