FYI: (This is a follow-up article.)
After years of assets moving towards lower-cost investment products, many passively indexed mutual funds and ETFs are poised to overtake their active competitors in terms of assets.
As of the end of April, passive and active U.S. equity fund assets had “essentially reached parity” at $4.3 trillion each, according to Morningstar’s most recent monthly report on asset flows.
Regards,
Ted
https://www.fa-mag.com/news/passive-funds-draw-even-with-active-incumbents-in-u-s-45036.html?print
