FYI: The fat lady has sung. All that is left is for the curtain to fall. That, some would say, is the condition of managed mutual funds in 2016. The evidence shows up clearly in the 2016 edition of the Mutual Fund Fact Book. Published annually by the Investment Company Institute, it is the mother lode of facts and figures on the $15.7 trillion held by domestic investment companies.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/the-empire-strikes-back-(at-the-index-fund-uprising)
