FYI: Investors continue to dump higher-priced funds in favor of lower-priced fare--not only in U.S. stock categories, but in foreign-stock and bond categories, too.
That's one takeaway from the results of our survey of individual funds that investors sold in 2017. (Last week we covered the top 25 funds they've been buying.) The good news for active funds was that the 2017 outflow was minimal compared with previous years, though, said Alina Lamy, a senior analyst in Morningstar's Quantitative Research Group
Regards,
Ted
http://www.morningstar.com/articles/845735/25-funds-investors-dumped-in-2017.print.html
Comments
An example of an excellent active managed fund, which is closed; is FDGRX . However, this fund remains open to new money within many Fidelity operated company retirement accounts. The question remains going forward is if there will be more "outbound" money, versus "inbound" money in company retirement accounts going forward until the last of the boomers retire in 2029.
Note: other share classes of such a fund may vary among retirement plans.
http://www.pewresearch.org/fact-tank/2010/12/29/baby-boomers-retire/
Take care,
Catch