Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: 2017 saw investors once again leaving traditional active managers and turning to passive investments, mostly ETFs. Not just any ETFs, either. Investors piled cash into the cheapest, simplest, broadest ETFs, suggesting that the era of the 10-basis-point portfolio has arrived.
