Actively managed fund families are not taking negative publicity in stride. They are fighting back with purported ways savvy investors can prospectively identify actively managed funds likely to outperform.
Prospects are searching for simple solutions. But we convey the impression that selecting the right advisor is intricate and complex. What’s likely to happen?
The financial media was in a frenzy with news of Snapchat’s initial public offering. The stock soared 45 percent in short order. Who wouldn’t want a piece of those gains?
If you can’t resist seeking alpha, recognize the fact that the odds are against you. You can increase those odds by purchasing the lowest cost actively managed funds.
When people are responding to a question, their brains are completely engaged.
The next time your broker recommends an actively managed mutual fund, show him or her these studies and ask this question: What makes you believe you have greater expertise than these sophisticated pension and endowment plans?