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Actively Managed Funds Catch Up, A Bit, To Index Funds

FYI: At last, a bit of redemption for the stock pickers.

Nearly half of all actively managed U.S. stock funds did better than a composite of index funds in the 12 months through June, according to Morningstar. Only about a quarter of those funds could make that claim at the end of 2016.

Active fund managers have become some of the most criticized, least popular investors on Wall Street. For most of the post-recession bull market, now in its ninth year, they delivered weaker returns than funds that passively track an index, while still charging higher fees.
Regards,
Ted
https://pilotonline.com/business/banking/actively-managed-funds-catch-up-a-bit-to-index-funds/article_e7ab66db-e29b-52b9-a55f-2b4dbbf91687.html
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