Active share investors failed to take advantage of last year's volatility
Active fund managers use their skill and experience to pick which stocks to invest in. An alternative to active investing is to invest in low-cost index funds. One criticism of index funds is that they blindly invest in a broad index which might not always make sense. Index funds participate in the highs and lows. This led me to consider how well actively managed funds did last year. Last year’s share market opportunitiesBetween 1 January 2020 and mid-March, the international share index (MSC...
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