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Larry Swedroe: Active Can’t Crack Inefficient Markets: SPIVA

TedTed
in The Bullpen
FYI: Since 2002, S&P Dow Jones Indices has published its S&P Indices Versus Active (SPIVA) scorecards, which compare the performance of actively managed equity mutual funds to their appropriate index benchmarks.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-active-cant-crack-inefficient-markets?nopaging=1
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