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Larry Swedroe: Active’s Last Hope

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 an appropriate index benchmark.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-actives-last-hope
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