FYI: A twice-yearly pall has settled over mutual fund managers in the wake of the latest SPIVA Scorecard’s release. For the past 14 years, the S&P Indices Versus Active Funds Scorecard, now published by S&P Dow Jones Indices, has measured the performance of actively managed equity and fixed income portfolios against their respective benchmarks.
Regards,
Ted
http://wealthmanagement.com/print/etfs/bond-funds-more-equity-funds-beat-market
