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Larry Swedroe: Complexity Not Helping Bond Funds

FYI: The U.S. bond market is one of the largest in the world, with managers controlling more than $2 trillion in assets. Given its size, an important question is whether active bond fund managers add value.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-complexity-not-helping-bond-funds
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